Cálculo Financeiro

Contabilidade
5 ECTS; 2º Ano, 1º Semestre, 60,0 TP

Lecturer
- Luís António Antunes Francisco

Prerequisites
Having attended mathematics courses.

Objectives
- Calculate present and future values of one or more capitals, solving problems related to such operations;
- Equate and distinguish different types of annuities, solving problems;
- Solve problems attending to different payment modalities of a loan.

Program
1 – Introduction
• Basic concepts.
• Interest rate and discount rate.
• Present value and future value.

2 - Capitalization processes
• Simple interest scheme.
• Banking discount and reform of trade bills.
• Compound interest scheme.
• Nominal and effective rates, proportional and equivalent rates.
• Current and real rates.
• Capitalization in the domain of continuous.

3 – Annuities
• Concept and modalities.
• Annuities with constant terms.
• Entire and temporary annuities.
• Fractional and temporary annuities.
• Perpetual annuities.
• Annuities with terms in Arithmetic Progression.
• Annuities with terms in Geometric Progression.

4 - Loan amortizations
• Concept and modalities.
• Reimbursement in constant annuities.
• Reimbursement in constant periodic capital amortization.
• Other modalities and variants.
• Bond loans.

Evaluation Methodology
Frequency Assessment:
- Six Mini-tests during class period, with a quotation of 5 for each, which count to the final score the best four (40% of the final grade).
- A final test (60% of the final grade).
Score < 10 => Exam or Recourse Exam.

Bibliography
- Matias, R. (2015). Cálculo Financeiro, Teoria e Prática. Lisboa, Portugal: Escolar Editora
- Barroso, M. e Crespo, N. e Couto, E. (2009). Cálculo e Instrumentos Financeiros, da Prática para a Teoria. Lisboa, Portugal: Escolar Editora
- Quelhas, A. (2014). Manual de Matemática Financeira. Coimbra, Portugal: Livraria Almedina
- Rodrigues, A. e Nicolau, I. (2010). Elementos de Cálculo Financeiro. Lisboa, Portugal: Áreas Editora

Method of interaction
• Theoretic presentations by the teacher through expositive and interrogative methods, with the board support and with audiovisual support
• Resolution of practical exercises
• Realization of six "mini-tests" during the class period, for assessment

Software used in class
Not applicable.