TmVal Documentation

TmVal is a Python package for time value of money computations. It is intended for commercial use, open source development, and as a tool for actuarial students studying for the Financial Mathematics exam.

Contents

• Introducing TmVal
• Installation and Quickstart
• Usage Tutorial
  • Growth
    • Simple Interest
    • Compound Interest
    • Amount Functions
    • Accumulation Functions
    • Interest
    • The Rate Class
    • A Friendly Reminder
    • Tiered Accounts
    • Discount
    • Interest-Discount Relationships
    • Time Value of Money
    • Nominal Interest
    • Interest-Discount Rate Conversions
    • Force of Interest
    • The Rate Class, Revisited
    • The Investment Year Method
  • Value
    • The Payments Class
    • Net Present Value
    • Equations of Value
    • Equated Time
    • Dollar-Weighted Yield
    • Approximate Dollar-Weighted Yield Rate
    • Time-Weighted Yield
  • Annuities
    • Annuities-Immediate
    • Annuities-Due
    • Perpetuities
    • Deferred Annuities
    • Nonlevel Annuities
    • Nonlevel Annuities - Geometric Progression
    • Nonlevel Annuities - Arithmetic Progression
    • Perpetuities - Arithmetic Progression
    • Nonintegral Terms
    • General Accumulation Functions
  • Loans
    • Outstanding Loan Balance - Retrospective Method
    • Outstanding Loan Balance - Prospective Method
  • Bonds
    • Zero-Coupon Bonds
    • Coupon Bonds
    • Nonlevel Coupons
    • Bond Premium and Discount
    • Makeham’s Formula
  • Pandas Compatibility

• API Reference
  • General Functions
  • Amount
  • Accumulation
  • TieredBal
  • TieredTime
  • SimpleLoan
  • Annuity
  • Payments
  • Rate
  • Bond
  • Loan
• Notation Guide
• Glossary
• References
• PDF Version