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Computations in Finance and Insurance 1 (KEM/FIPV1)

Credits: 4
Semestr: Winter
Guarantors: 'Doc. RNDr. Mikuláš Gangur, Ph.D.'
Prerequisite courses
Preclusive courses:
Form of course completion: Exam

Course objectives:

The aim of this course is to: introduce students to the basic concepts and used quantity in financial calculations, explain and present to students practical application of different interest types for calculations. Demonstrate to students the principle of time value of money and practical usage. Introduce students to different type of annuities and present the practical usage of calculations on examples. Demonstrate to students the principles of yield of investments calculations with the help of effective interest rate. Explain to students the process of project evaluation and demonstrate the usage of different evaluative criteria and their calculations. Present to students the usage of financial calculations in insurance systems for calculation different type of insurance rate.

Guarantors and lecturers :