Present Values, Segmentation and Approximation Theory

Scientific Essay from the year 2005 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, Deutsche Gesellschaft für Versicherungs- und Finanzmathematik e.V. , language: English, abstract: Summary This paper describes a method for computing present values for a part (segment) of a given collective with the help of the corresponding present value for the whole collect...