Algebra Brush Up

This module re-familiarizes you with some general ideas and tools from algebra that are relevant to the financial markets. Participants begin with functions and formulas, and how these can be converted from algebraic statements into graphs and relationships between variables. There is an introduction to two specific functions: exponential and logarithmic functions, along with examples of their application for calculating rates of return. This section also covers some algebraic "tricks" that we use to simplify some of the math needed to price assets.

By the end of this module you will be able to:

• Understand functions and formulas
• Build graphs from functions
• Describe the difference between exponential and logarithmic functions
• Price assets