Set domande: matematica finanziaria economia
7IX(SQERHI0$7(0$7,&$),1$1=,$5,$(&2120,$ '0(SGIRXI/D]]DULQL3DRORSet Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Indice
- Indice Lezioni .......................................................................................................................... p. 2
- Lezione 004 ............................................................................................................................. p. 4
- Lezione 005 ............................................................................................................................. p. 6
- Lezione 006 ............................................................................................................................. p. 7
- Lezione 007 ............................................................................................................................. p. 9
- Lezione 008 ............................................................................................................................. p. 10
- Lezione 009 ............................................................................................................................. p. 11
- Lezione 010 ............................................................................................................................. p. 12
- Lezione 011 ............................................................................................................................. p. 13
- Lezione 012 ............................................................................................................................. p. 15
- Lezione 013 ............................................................................................................................. p. 18
- Lezione 014 ............................................................................................................................. p. 19
- Lezione 015 ............................................................................................................................. p. 20
- Lezione 016 ............................................................................................................................. p. 21
- Lezione 017 ............................................................................................................................. p. 24
- Lezione 018 ............................................................................................................................. p. 25
- Lezione 019 ............................................................................................................................. p. 26
- Lezione 021 ............................................................................................................................. p. 27
- Lezione 022 ............................................................................................................................. p. 28
- Lezione 024 ............................................................................................................................. p. 31
- Lezione 025 ............................................................................................................................. p. 33
- Lezione 026 ............................................................................................................................. p. 35
- Lezione 027 ............................................................................................................................. p. 36
- Lezione 028 ............................................................................................................................. p. 38
- Lezione 030 ............................................................................................................................. p. 39
- Lezione 031 ............................................................................................................................. p. 40
- Lezione 032 ............................................................................................................................. p. 43
- Lezione 033 ............................................................................................................................. p. 45
- Lezione 034 ............................................................................................................................. p. 47
- Lezione 035 ............................................................................................................................. p. 48
- Lezione 038 ............................................................................................................................. p. 50
- Lezione 039 ............................................................................................................................. p. 51
- Lezione 040 ............................................................................................................................. p. 52
- Lezione 043 ............................................................................................................................. p. 53
- Lezione 044 ............................................................................................................................. p. 55
- Lezione 045 ............................................................................................................................. p. 57
- Lezione 047 ............................................................................................................................. p. 58
- Lezione 048 ............................................................................................................................. p. 59
Paniere completo di matematica finanziaria 26 - 2/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 004
/H]LRQH 4XDOªLOIDWWRUHGLPRQWDQWHFKHFDUDWWHUL]]DODFDSLWDOL]]D]LRQHDLQWHUHVVHVHPSOLFH"9 /DIXQ]LRQH GHILQLVFHXQDOHJJHGLFDSLWDOL]]D]LRQH4XDOH"'ETMXEPM^^E^MSRIEMRXIVIWWIERXMGMTEXS'ETMXEPM^^E^MSRIGSQTSWXE'ETMXEPM^^E^MSRIGSRXMRYE'ETMXEPM^^E^MSRIWIQTPMGI'ETMXEPM^^E^MSRIWIQTPMGI /DIXQ]LRQH GHILQLVFHXQDOHJJHGLFDSLWDOL]]D]LRQH4XDOH"'ETMXEPM^^E^MSRIEMRXIVIWWIERXMGMTEXS'ETMXEPM^^E^MSRIWIQTPMGI'ETMXEPM^^E^MSRIGSQTSWXE'ETMXEPM^^E^MSRIGSQTSWXE'ETMXEPM^^E^MSRIGSRXMRYE &DOFRODUHQHOUHJLPHGHOO୩LQWHUHVVHVHPSOLFHO୩LQWHUHVVHGLHXURLPSLHJDWLSHUDQQLDOWDVVRDQQXRL &DOFRODUHQHOUHJLPHGHOO୩LQWHUHVVHVHPSOLFHO୩LQWHUHVVHGLHXURLPSLHJDWLSHUDQQLHPHVLDOWDVVRDQQXRL &DOFRODUHQHOUHJLPHGHOO୩LQWHUHVVHVHPSOLFHO୩LQWHUHVVHGLHXURLPSLHJDWLSHUDQQLPHVLHJLRUQLDOWDVVRDQQXRL Paniere completo di matematica finanziaria 26© - 4/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini PaoloGHILQLVFHXQDOHJJHGLFDSLWDOL]]D]LRQH4XDOH" /DIXQ]LRQH'ETMXEPM^^E^MSRIEMRXIVIWWIERXMGMTEXS'ETMXEPM^^E^MSRIEMRXIVIWWIERXMGMTEXS'ETMXEPM^^E^MSRIWIQTPMGI'ETMXEPM^^E^MSRIGSQTSWXE'ETMXEPM^^E^MSRIGSRXMRYE 3HUTXDQWRWHPSRVLGHYHLPSLHJDUHODVRPPD& HXURSHUSURGXUUHXQPRQWDQWH0SDULDHXURQHOO୩LSRWHVLGLXQWDVVRDQQXRGLLQWHUHVVHVHPSOLFHL "ERRMIQIWMERRMIQIWMERRMIQIWMERRMIQIWMERRMIQIWMࡵ(࢚) = כ כ ࢚ ՜ ࡵ(࢚) = כ , כ ૢ = ૠ, ࡵ(࢚) = כ כ ࢚7XWWDYLD SRLFKp W q HVSUHVVR LQ DQQL RFFRUUH WUDVIRUPDUH W LQ DQQL WHQHQGR SUHVHQWH FKH = ૠ + .PHVLFRUULVSRQGRQRD GLDQQR'LFRQVHJXHQ]D࢚ ࡵ(࢚) = כ ቀૠ + ቁ כ , = , 3HUWDQWR ࡵ(࢚) = כ כ ࢚7XWWDYLD SRLFKp W q HVSUHVVR LQ DQQL RFFRUUH WUDVIRUPDUH W LQ DQQL WHQHQGR SUHVHQWH FKH GLDQQLHFKHJLRUQLFRUULVSRQGRQRD GLDQQR±SUHQGHQGRLQPHVLFRUULVSRQGRQRD ࢚ = ૠ + + .FRQVLGHUD]LRQHO¶DQQRFRPPHUFLDOH'LFRQVHJXHQ]D + ቁ כ , = ૠ, ૢࡵ(࢚) = כ ቀૠ +3HUWDQWR 3RVWRFKH ࡹെ െ െ ࢚ = = = = , כ כ כ , ૡ2YYHURDQQLHPHVLPaniere completo di matematica finanziaria 26 - 5/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 005
/H]LRQH ,QTXDQWRWHPSRUDGGRSSLDXQFDSLWDOHSDULDLPSLHJDWRLQFDSLWDOL]]D]LRQHVHPSOLFHVHLOWDVVRDQQXRG୩LQWHUHVVHDSSOLFDWRªGHO"ERRMERRMERRM'MVGEERRMERRM 4XDOªODIRUPXODSHULOWHPSRWLQIXQ]LRQHGL0&LULFDYDELOHGDOODIRUPXODSHULOPRQWDQWHLQFDSLWDOL]]D]LRQHDLQWHUHVVHVHPSOLFH" 4XDOªODIRUPXODSHULOWHPSRWLQIXQ]LRQHGL0&LULFDYDELOHGDOODIRUPXODSHULOPRQWDQWHLQFDSLWDOL]]D]LRQHDLQWHUHVVHFRPSRVWR" ,QTXDQWRWHPSRUDGGRSSLDXQFDSLWDOHSDULDLPSLHJDWRLQFDSLWDOL]]D]LRQHVHPSOLFHVHLOWDVVRDQQXRG୩LQWHUHVVHDSSOLFDWRªGHO"6FULYLO HTXD]LRQHFKHFRQGXFHDOODVROX]LRQHࡹି ࡹି כି࢚ = = = = כ כ כ, 3RVWRFKH ࡹ (࢚) = ( + כ ࢚)ࡹିW = כ 3RVWRFKH ࢚ 0 W = ( + )ࡹ ࡹ࢚ ࢚= ( + ) GDFXLDSSOLFDQGRLORJDULWPL HDSSOLFDQGRODSURSULHWjGHLORJDULWPL՜ = ( + ) VHFRQGRFXLLOORJDULWPRGLXQDSRWHQ]DqXJXDOHDOO¶HVSRQHQWHSHULOORJGHOODEDVHHFKHLOORJGLXQUDSSRUWRqSDULDOODGLIIHUHQ]DGHLORJ՜ (ࡹ) () ( െ = ࢚ + ), ࢊࢇ ࢉ࢛: ࡹି W = (ା) 3RVWRFKH ࡹെ െ כ െ ࢚ = = = = כ כ כ , Paniere completo di matematica finanziaria 27 - 6/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 006
/H]LRQH ,QYHVWHQGRHXURSHUDQQLRWWHQJRHXUR4XDOHWDVVRDQQXRGLLQWHUHVVHFRPSRVWRªVWDWRSUDWLFDWR" &DOFRODUHQHOUHJLPHGHOO୩LQWHUHVVHFRPSRVWRO୩LQWHUHVVHGLHXURLPSLHJDWLSHUDQQLPHVLHJLRUQLDOWDVVRDQQXRL 4XDOªODIRUPXODLQFDSLWDOL]]D]LRQHFRPSRVWDSHULOPRQWDQWH0DPHVLGLXQFDSLWDOH&DOWDVVRDQQXRL"9 4XDOªLOYDORUHRJJLGLHXURGLVSRQLELOHWUDPHVLQHOUHJLPHGHOORVFRQWRVHPSOLFHDOWDVVRDQQXRG୩LQWHUHVVHL " 4XDOªODIRUPXODSHULOWHPSRWLQIXQ]LRQHGL0&LULFDYDELOHGDOODIRUPXODSHULOPRQWDQWHLQFDSLWDOL]]D]LRQHDLQWHUHVVHFRPSRVWR"92IWWYREHIPPITVIGIHIRXM Paniere completo di matematica finanziaria 28 - 7/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
4XDOªLOPRQWDQWHDGXHDQQLLQFDSLWDOL]]D]LRQHFRPSRVWDGLXQHXURDOWDVVRDQQXRG୩LQWHUHVVHL " 4XDOªLOYDORUHRJJLGLHXURGLVSRQLELOHWUDPHVLQHOUHJLPHGHOORVFRQWRFRPSRVWRDOWDVVRG୩LQWHUHVVHL " 4XDOªLOPRQWDQWHDPHVLGLHXURDOWDVVRG୩LQWHUHVVHFRPSRVWRL " &DOFRODUHSHUTXDQWRWHPSRVLGHYHLPSLHJDUHODVRPPD& HXURDOWDVVRDQQXRGLLQWHUHVVHFRPSRVWRL SHUSURGXUUHLOPRQWDQWH0 HXUR 8QFDSLWDOH& HXURLPSLHJDWRSHUDQQLLQFDSLWDOL]]D]LRQHFRPSRVWDSURGXFHXQPRQWDQWH0 HXUR'HWHUPLQDUHLOWDVVRDQQXRG୩LQWHUHVVHFRPSRVWRL 8QFDSLWDOH& HXURLPSLHJDWRSHUDQQLLQFDSLWDOL]]D]LRQHVHPSOLFHSURGXFHXQPRQWDQWH0 HXUR'HWHUPLQDUHLOWDVVRTXDGULPHVWUDOHG୩LQWHUHVVHVHPSOLFHL 8QFDSLWDOH& HXURLPSLHJDWRSHUDQQLLQFDSLWDOL]]D]LRQHVHPSOLFHSURGXFHXQPRQWDQWH0 HXUR'HWHUPLQDUHLOWDVVRVHPHVWUDOHG୩LQWHUHVVHVHPSOLFHL ࡹ .࢚ ටට = െ െ == , ૠૡ . 3RVWRFKH, W 0 W ±& W VLKDFKH W + = ૠ, ૠ ࢚ ૠ,ૠ, [( ] [( ]+ ) െ = + , ) െ = . , ૢૢ, ± 3RVWRFKH = ࡿ ା࢚ HFKHW VLKD = = = . ૢૡૠା(,כ ,ૠ) ,࢚ 3RVWRFKH0 W [( ], ࢙ ࢎࢇ: ࡹ = (( + , ૠ) = , ૢૢ+ ) Paniere completo di matematica finanziaria 28 - 8/78࢚ 3RVWRFKH0 W [( ], = , ૢૢ࢙ ࢎࢇ: ࡹ = (( + , ૠ)+ ) 3RVWRFKH$ ࡿ , ࢙ ࢎࢇ: = = , ૢା࢚ ା(,כ ) ࢚3RVWRFKH0 W [(+) ],࢙ ࢎࢇ:ࡹ=((+,) =, dĂƐƚŽlogƐƵůůĂܔܗ ି ܔܗ ܔܗࡹି ܔܗ = = , 3RVWRFKH࢚= ܔܗ(ା) ܔܗ(ା.) ĐĂůĐŽůĂƚƌŝĐĞࡹ ૠ࢚ 3RVWRFKH ටට= െ , ࢙ ࢎࢇ ࢉࢎࢋ: = െ = . ૠ ࡹି 3RVWRFKHQHOUHJLPHILQDQ]LDULRGHOO¶,QWHUHVVH6HPSOLFH = , ࢙ ࢎࢇ ࢉࢎࢋ࢚ૡ െ = = , . כ 'DWRFKH = , ࢙ ࢎࢇ ࢉࢎࢋ = , = , ࢇ ࡹି , ࢙ ࢎࢇ ࢉࢎࢋ3RVWRFKHQHOUHJLPHILQDQ]LDULRGHOO¶,QWHUHVVH6HPSOLFH= ࢚ૠି = , .= כ 'DWRFKH = , ࢙ ࢎࢇ ࢉࢎࢋ = , = , ૠૡ ࢇ Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 007
/H]LRQH &RVDSXRLGLUHFRQIURQWDQGR LOPRQWDQWH0 W UHODWLYRDOODFDSLWDOL]]D]LRQHVHPSOLFH W UHODWLYRDOODFDSLWDOL]]D]LRQHFRPSRVWD LOPRQWDQWH0 0 W !0 W SHUW! 00 W 00 W SHUW! 0 W PDJJLRUHRSSXUHXJXDOHD0 W TIVSKRMW 0 W PLQRUHRSSXUHXJXDOHD0 W TIVSKRMW 8QFDSLWDOH&LPSLHJDWRSHUGXHDQQLIRUQLVFHORVWHVVRPRQWDQWH0VLDVHLQYHVWLWRLQFDSLWDOL]]D]LRQHVHPSOLFHVLDVHLQYHVWLWRLQFDSLWDOL]]D]LRQHFRPSRVWD,QGLFDQGRULVSHWWLYDPHQWHFRQL HFRQL LOWDVVRVHPSOLFHHTXHOORFRPSRVWRTXDOHGHOOHVHJXHQWLDIIHUPD]LRQLªYHUD"V F9 Paniere completo di matematica finanziaria 28 - 9/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 008
/H]LRQH /DVRPPDQRPLQDOH6 HXURªGLVSRQLELOHWUDXQDQQR FLRªLQW HGLOVXRYDORUHDWWXDOHª$ HXUR4XDOªLOWDVVRGLVFRQWRDSSOLFDWRLQFV" ,OYDORUHDWWXDOHGLHXURGLVSRQLELOLWUDDQQLPHVLHJLRUQLªHXUR4XDOªLOWDVVRG୩LQWHUHVVHFKHªVWDWRDSSOLFDWRLQFV" &RVDVLJQLILFDFKHXQIDWWRUHGLPRQWDQWHI W HXQIDWWRUHGLVFRQWRJ W VRQRFRQLXJDWL"9 4JHOJGJDBDIFVOPÒJMSFDJQSPDPEFMMhBMUSPࡿ ࡿ ࡿ ࡿି ିૡૠ 3RVWRFKH (՜ + ࢚) = ՜ ࢚ = െ ՜ = ՜ = = , ૢ= ࢚ ૡૠכା࢚ ,ૢHGDWRFKHG = ࢙ ࢎࢇ: ࢊ = = , ା ା,ૢࡿ ࡿ ࡿ ࡿି ିૠ 3RVWRFKH (= ՜ + ࢚) = ՜ ࢚ = െ ՜ = ՜ =ା࢚ ࢚ ૠכ࢚ 'DWRFKH࢚ = + + = , , ࢙ ࢎࢇ: െ ૠ = = , ૠૠ כ , Paniere completo di matematica finanziaria 28© - 10/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 009
/H]LRQH 4XDOªODIXQ]LRQHJ W FKHGHILQLVFHLOIDWWRUHGHOORVFRQWRFRPSRVWR"9 ,OYDORUHDWWXDOHGLHXURGLVSRQLELOLWUDDQQLPHVLHJLRUQLªHXUR4XDOªLOWDVVRGLVFRQWRFKHªVWDWRDSSOLFDWRLQFF" ,OYDORUHDWWXDOHGLHXURGLVSRQLELOLWUDDQQLPHVLHJLRUQLªHXUR4XDOªLOWDVVRG୩LQWHUHVVHFKHªVWDWRDSSOLFDWRLQFF" ,QTXDQWRWHPSRUDGGRSSLDXQFDSLWDOHSDULDLPSLHJDWRLQFDSLWDOL]]D]LRQHFRPSRVWDVHLOWDVVRDQQXRG୩LQWHUHVVHDSSOLFDWRªGHO"ERRMERRMGMVGEERRMGMVGEERRMGMVGEERRM ,QTXDQWRWHPSRUDGGRSSLDXQFDSLWDOHSDULDLPSLHJDWRLQFDSLWDOL]]D]LRQHFRPSRVWDVHLOWDVVRDQQXRG୩LQWHUHVVHDSSOLFDWRªGHO"6FULYLHULVROYLMhFRVB[JPOFDIFDPOEVDFBMMBTPMV[JPOFࡿ ࡿ ࡿ ࡿ࢚࢚ ࢚ 3RVWRFKH ( ට= ՜ + ) = ՜ = െ ՜ = െ , ࢙ ࢎࢇ:࢚(ା) , ,ૢHVDSHQGRFKHLQFFࢊ VLKDFKHࢊට = െ = , ૢ = = = , ૢૠ ା ା,ૢܔܗ ࡹି ܔܗ ܔܗ ି ܔܗ 3RVWRFKH࢚ , ࢙ ࢎࢇ: = ૠ, ૠ= ܔܗ(ା) ܔܗ(ା.)ࢍ ࡹି ࢍ ࢍ ି ࢍ 3RVWRFKH࢚ = , ࢙ ࢎࢇ: = , ૠࢍ(ା) ࢍ(ା.) ࢇ ࢇ ࢋ࢙2YYHUR࢚ (, (,+ ૠ) כ = + + ૡ) כࢇ + ࢟ כ ࢋ࢙ + ࢟ כ ࢍ࢘ = ࢇ ࢋ࢙ ࢍ࢘ = + + Paniere completo di matematica finanziaria 29 - 11/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini Paolo
Lezione 010
/H]LRQH &RVDVLSX´GLUHGHOJUDILFRGHOIDWWRUHGLPRQWDQWHI W UHODWLYRDOODFDSLWDOL]]D]LRQHDLQWHUHVVHVHPSOLFH"«YRKVEJMGSMTIVFSPMGS«YRETEVEFSPE«YREVIXXE«YREWIQMVIXXE«YREWIQMVIXXE Paniere completo di matematica finanziaria 29 - 12/78Set Domande: Matematica finanziaria economia (D.M. 270/04)Docente: Lazzarini P
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