Re:MATHEMATICA AND FINANCIAL CALCULATIONS?
- To: mathgroup at smc.vnet.net
- Subject: [mg49095] Re:[mg49085] MATHEMATICA AND FINANCIAL CALCULATIONS?
- From: "paolo " <tarpanelli at libero.it>
- Date: Thu, 1 Jul 2004 05:25:41 -0400 (EDT)
- Sender: owner-wri-mathgroup at wolfram.com
Hi, I think that mathematica, like other mathematics software packages, it is very useful also for finance and foremost for that analysts who work with financial mathematics. It is obvious that is a mathematics package and give you only the basis elements and basis tools to deal with finance. Then, it depends from the ability of the analyst to suceed to use Mathematica in the right and more useful and efficient manner. For my experience, I think that if you deal with linear algebra it is not the best, but for model testing and visible solutions I think that is the best. Then, one other aspect that i found very useful foremost for whom work with finance is the link for other spreadsheet as excel. ---------- Initial Header ----------- From : barb28 at rock.com To : mathgroup at smc.vnet.net Cc : Date : Wed, 30 Jun 2004 05:34:30 -0400 (EDT) Subject : [mg49085] MATHEMATICA AND FINANCIAL CALCULATIONS? > Hello, > > I am under the impression that mathematica is the > standard for all types of engineering and other > scienetific calculations. > > My question is, is mathematica also the standard > for financial calculations, for instance for > real estate? or is it primarily for the scientific > world. > > I am asking, because I am trying to find the high > quality standard for financial calucations, and of course, > mathematica would do these types of calculations, but > was wondering if for plain old run of the mill > financial calculations, if a spreadsheet like excel > was the way to go. > > Please forgive my grammar and syntax if it is not > coming through ok. Any responses would be most > appreciated, and please post here in the public > forum. Thankyou. > >