Computing present values by the AGM W. Vogel & M. Büttner GmbH NEUTRINOS AND CYGNUS X-3 261

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Computing present values by the AGM W. Vogel & M. Büttner GmbH NEUTRINOS AND CYGNUS X-3 261Scientific Essay from the year 2002 in the subject Business economics Banking, Stock Exchanges, Insurance, Accounting, , language: English, abstract: Summary Subject of this paper is a method for computing present values with the Arithmetic Geometric Mean iteration (AGM). The classical integral fomula for present values as for mulated by Reichel [1] is solved explicitly by approximating the integral using exponential or trigonometric sums. Using the