Application of Laplace Transform

§ Shri Sant Gajanan Maharaj College Of Engineering, Ma...

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Application of Laplace Transform

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Abstract

The present discounted value equation in finance has a broad range of uses and may be applied to various areas of finance including corporate finance, banking finance and investment finance etc .The basic premise of present discounted value is the time value money .Not many analytic solutions exist for present discounted value problems but by using Laplace transform we can deduce some of the closed form solutions quite easily. In this note we show how present discounted value in finance related to Laplace transforms. Also we discus on the present value rules for the elementary functions and the general properties of the Laplace transform. And we will focus on the application of time derivative property using Laplace transforms to each present value rule.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

vijaya phirke, Narhari Patil. 2012. "Application of Laplace Transform". Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 12 (GJSFR Volume 12 Issue F12).

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Journal Specifications

Crossref Journal DOI 10.17406/GJSFR

Print ISSN 0975-5896

e-ISSN 2249-4626

Keywords
Classification
GJSFR-F Classification MSC 2010: 44A10
Version of record

v1.2

Issue date
October 9, 2012

Language
English
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Application of Laplace Transform

vijaya phirke
vijaya phirke Shri Sant Gajanan Maharaj College Of Engineering, Maharashtra (India).
Narhari Patil
Narhari Patil
Narhari Patil
Narhari Patil