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Application of Calculus in Discounting Technique of Financial Management with Laplace Transform |
Sanjay Tripathi
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Abstract:
In this paper we have discuss that the Laplace Transform in Mathematics to be equivalent to the Present value of cash flow equation in Financial Management. Further, we have also demonstrate the use of Laplace Transform in evaluation of Consol's Present value under streams of cash flow with example in form of application by using calculus .
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