Tagged Questions

2
votes
1answer
48 views

first order differential question

Mr. John want to buy a house and he must borrow $150,000 from the bank. He wants a 30-year mortgage and he has 2 choice. Choice #1, he can borrow money at 7% per year with no point ( each point is ...
2
votes
1answer
687 views

Continually Compounded Interest + Addition to Principal

This is essentially the continually compounded version of this question. I want to know how much money I will have after continually compounding interest, plus continually adding a fixed amount to ...
2
votes
1answer
197 views

Black-Scholes equation

In Stein-Shakarchi's book Fourier Analysis (p. 170), the solution of the Black-Scholes equation $$\frac{\partial V}{\partial t}+rs\frac{\partial V}{\partial s}+\frac{\sigma^2s^2}{2}\frac{\partial^2 ...