Definition of linearization formula When it comes to mathematics, the linearization formula is used to find a linear approximation to a function. The first-order Taylor expansion around the point of interest is a linear approximation of a function. This is a crucial approximation to many popular numerical techniques like Euler’sContinue Reading

There are various factors which prevent individuals from accessing formal finance, such as the inability to offer collateral and ineffective unit economics of large financial institutions. But solutions are on the horizon, with advances in data science, new initiatives from the Government of India, and changing consumer behaviour creating opportunitiesContinue Reading

Muthoot Finance Ltd. is an Indian financial corporation and the largest NBFC that offers a gold loan. In addition to gold loans, this company also offers money transfer, foreign exchange and wealth management services. They also sell gold coins. For those interested in learning more about the benefits of aContinue Reading

How to Create a Five Year Financial Plan You can make a five year financial goal to begin building wealth now. A five year financial goal would show you exactly what you have to be working off of every month to reach your financial goals. A five year financial goalContinue Reading