How do credit card transactions work? What is the process? There is an article at Grid + called Money vs. Cryptocurrency, The Real Costs (part 1) On that website article there is a diagram that shows the process of a person spending $100 on their VISA credit card at a […]

Credit Card Transactions

This is an introduction to the basic concepts of the time value of money, an important fundamental topic within mathematics of finance. Time Value of Money One of the most fundamental concepts in finance is that money has a “time value.” One dollar that you have today can be invested […]

Mathematics of Finance