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The Fuller calculator, sometimes called Fuller's cylindrical slide rule, is a cylindrical slide rule with a helical main scale taking 50 turns around the cylinder. This creates an instrument of considerable precision – it is equivalent to a traditional slide rule 25.40 metres (1,000 inches) long. It was invented in 1878 by George Fuller ...
Sliding scale fees are variable prices for products, services, or taxes based on a customer's ability to pay. Such fees are thereby reduced for those who have lower incomes, or alternatively, less money to spare after their personal expenses, regardless of income. [1] Sliding scale fees are a form of price discrimination or differential pricing ...
The binomial pricing model traces the evolution of the option's key underlying variables in discrete-time. This is done by means of a binomial lattice (Tree), for a number of time steps between the valuation and expiration dates. Each node in the lattice represents a possible price of the underlying at a given point in time.
Following the patent and release of Harold's Long Scale calculator featuring two knobs on the outside rim in 1914, he designed the Magnum Long Scale calculator in 1927. [ 6 ] [ 7 ] As the name "Magnum" implies, it was a fairly large device at 4.5 inches in diameter—about 1.5 inches more than Fowler's average non-Magnum-series calculators. [ 8 ]
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This can be especially useful when calculating percentages (e.g. for test scores) or when comparing prices (e.g. in dollars per kilogram). Multiple speed-time-distance calculations can be performed hands-free at a glance with a slide rule. Other useful linear conversions such as pounds to kilograms can be easily marked on the rule and used ...
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Heston model. In finance, the Heston model, named after Steven L. Heston, is a mathematical model that describes the evolution of the volatility of an underlying asset. [1] It is a stochastic volatility model: such a model assumes that the volatility of the asset is not constant, nor even deterministic, but follows a random process.