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This book is a brief and handy guide for the use of MS Excel 2016 to create spreadsheets for the solution of financial mathematics problems. It also includes brief theoretical explanations related to these problems. Thus, it provides not only the How-to but also the why of financial mathematics problem solving.
This book is a brief and handy guide for the use of Microsoft Excel to solve financial mathematics problems. It presents step-by-step instructions for solving the most important time value of money problems along with brief explanations of the financial theory relevant to these problems. Thus, it provides not only the how to but also the why of financial mathematics problem solving. The value of a dollar today is not the same as the value of a dollar tomorrow or sometime in the future. Thus, the principle of time value equivalence allows us to compare monetary values from different time periods. Investors and managers forecast expected cash flows from potential investment projects. Then they discount the cash flows to find their present value. Then they compare this present value to the cost of making the investment. If the net present value is positive (exceeds the cost) they make the investment. Everyone should be aware of the time value of money and the net present value decision rule.
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Two distinguished neuroscientists distil general principles from more than a century of scientific study, “reverse engineering” the brain to understand its design. Neuroscience research has exploded, with more than fifty thousand neuroscientists applying increasingly advanced methods. A mountain of new facts and mechanisms has emerged. And yet a principled framework to organize this knowledge has been missing. In this book, Peter Sterling and Simon Laughlin, two leading neuroscientists, strive to fill this gap, outlining a set of organizing principles to explain the whys of neural design that allow the brain to compute so efficiently. Setting out to “reverse engineer” the brain—dis...
The Ciliated Protozoa: Characterization, Classification and Guide to the Literature, Second Edition presents a premature major overhauling of the systematics of the Ciliophora sensu lato, which is considered a separate phylum. This book includes a developed rationale and defined criteria that serve as a basis for the reclassification of the ciliates. Discussions of controversial taxa are provided, including arbitrary but critical resolution of their place in, or rejection from, the new overall system. The ideas concerning the evolution of ciliates, as well as "phylogenetic trees are also covered in this text. This text categorizes the ciliates into three classes—Kinetofragminophora, Oligohymenophora, and Polyhymenophora. This publication is a good source for biologists and students interested in ciliates.