The Monte Carlo Method

Infographic from FINCAD on the development of the Monte Carlo Method and its use in many diverse fields such as physics, chemistry, and finance. Monte Carlo Simulations are used to value derivatives in the finance world. More on Monte Carlo in finance: Wikipedia, FINCAD.

Via FINCAD on Pinterest http://pinterest.com/pin/11470174021423191/ related to FINCAD’s Monte Carlo Simulation article http://www.fincad.com/derivatives-resources/articles/monte-carlo-simulation.aspx

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