Question

1. How does computing or applying mathematics in computing finance important?

2. Why do we need to have different techniques in capital budgeting?​

Answer 1

Q.1:-

➠The use of mathematics is to express, reason, and prove the underlying principles of finance. From the nature of financial mathematics, financial mathematics is an important branch of finance. ... In addition, in the study of financial mathematics, the application of computer technology also has a very prominent position.

Q.2:-

➠Profitability Index

An organization needs to use the best-suited technique to assist it in budgeting. It can also select different techniques and compare the results to derive at the best profitable projects.

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