In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...
An unbiased forecast of the terminal value of a portfolio requires compounding of its initial value at its arithmetic mean return for the length of the investment period. Compounding at the arithmetic ...
Of all the ideas we've forgotten from math class, the most important to relearn — because it illuminates our most urgent challenges — is the difference between arithmetic and geometric progressions.
Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted thousands of clients over a more than two-decade career. She is the CEO of ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
You will need to be confident with arithmetic sequences and the 𝑛th term rule to understand these other types of sequences. A geometric sequence contains numbers that are multiplied by a certain ...
1.1 Complex numbers, addition, multiplication, conjugation, polar representation, properties of modulus and principal argument, triangle inequality, roots of complex numbers, geometric interpretations ...