Teaching of financial mathematics using Maple

Abstract

The paper deals with the application of computer algebra system Maple in teaching of financial mathematics. In the Czech Republic financial mathematics is included in the curricula of grammar and secondary school. Therefore, this subject is also taught at pedagogical faculties. Most concepts of financial mathematics are difficult to understand for students. In the paper we show the ways of facilitation understanding these concepts using tools of Maple. The main result is in preparing special maplets which enable interactive studying of the principles of such concepts. Each of these maplets deals with particular financial problem from real life, e.g. mortgage credit, consumer credit, credit card etc.