"William H. Goetzmann in “Money changes everything”, a history of the influence of finance on civilisation from Babylonian times onwards, also credits Leonardo of Pisa with introducing the concept of what we now call Net Present Value in one of his Liber Abbaci problems."
"William H. Goetzmann in “Money changes everything”, a history of the influence of finance on civilisation from Babylonian times onwards, also credits Leonardo of Pisa with introducing the concept of what we now call Net Present Value in one of his Liber Abbaci problems."