Future value with type-1 fuzzy interest rate

Autor:	Mukminah Darus, Abdul Fatah Wahab
Rok vydání:	2013
Předmět:	Mathematical optimization media_common.quotation_subject Fuzzy set Future value Type-2 fuzzy sets and systems computer.software_genre Defuzzification Fuzzy logic Interest rate Value (economics) Economics Fuzzy number Data mining computer media_common
Zdroj:	AIP Conference Proceedings.
ISSN:	0094-243X
Popis:	We propose the more sophisticated way in formulating interest rate by using type-1 fuzzy sets. This approach is essential in deriving the future value of an investment. The confidence level is represented as the value of α – cut where we can obtain a fuzzy interval that will finally become crisp value using defuzzification method of center of area. We illustrate our approach in calculating future value of an investment with a simple case of saving money in a bank.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::58671a87ec91b7ddf4dc97b2aa283dc1 https://doi.org/10.1063/1.4801146 Zobrazit plný text záznamu