Topics of Financial Calculus

Learning Results

At the end of the course, the student must be able to apply the methods of calculation
related to basic financial transactions, namely those related with:
– civil and commercial interests requested in the payment of pecuniary obligations;
– bill notes’ operations;
– insolvency processes and business recovery plans.

Program

1 –Capitalization and discount operations
Simple interest and compound interest
Calculation of interest in banking practice
Forms of discount
2 – Interest rates
Proportional and equivalent rates
Nominal and effective rates
Average rate of application
Annual effective rate of charge
3 – Equivalent capitals
Equation of equivalence
Assessment rate
4 –Annuities
Kinds of annuities
Constant terms amortization annuities
Constant terms accumulation annuities
Anticipated annuities
Deferred annuities
5 – Sources of short-term financing
Bill notes discount
Reform operations
6 – Sources long-term financing
Classic loans
Repayment of loans
Amortization of loans with periodical repayments
Other sources of long-term funding

Internship(s)

NAO

Bibliography

Alves Mateus, Exercícios Práticos de Cálculo Financeiro, Edições Sílabo
Ana Paula Quelhas e Fernando Correia, Manual de Matemática Financeira, Coimbra,
Editora Almedina
Armindo Neves da Silva, A Matemática das Finanças (Vol.I); McGraw-Hill de
Portugal
Azevedo Rodrigues e Isabel Nicolau, Elementos de Cálculo Financeiro, Rei dos Livros
Miguel Cadilhe, Matemática Financeira Aplicada, Edições ASA
Natália Canadas, A Matemática do Financiamento e das Aplicações de Capital,
Plátano Editora
Rogério Matias, Cálculo Financeiro – Teoria e Prática, Escolar Editora