Nor does it simply rest on the naive distinction between feeling and rational calculation. |
This small error is systematic and can either be ignored or allowed for in calculation if the temperature is known. |
Given recent developments in calculation and derivative products, new opportunities are now available in portfolio construction and trading. |
It should be noted, however, that several important factors are not taken into account in the calculation. |
A young man sat against the wall doing calculation with an abacus and recording data onto paper. |
This calculation is continued for every year until the end of the mortality table, and then all the net present values are added together. |