The Wolfram|Alpha Blog is now part of the Wolfram Blog. Join us there for the latest on Wolfram|Alpha and other Wolfram offerings »
Justin Cudmore
Blog Posts from this author:
May 7, 2010– 6

Hello, fellow readers of the Wolfram|Alpha Blog—my name’s Justin. In just a few short weeks, I’ll be graduating from the University of Illinois at Urbana-Champaign. Over the years I’ve found my own way of getting things done in regards to homework and studying routines. But this semester I realized there were tools available that would make studying and completing assignments easier and help me understand better. One tool that has become increasingly valuable in my routine and those of other students on my campus is Wolfram|Alpha. Recently, I was invited to share how Wolfram|Alpha is being used by students like myself.

Being a marketing major, I had to take some finance and accounting courses, but I was a bit rusty with the required formulas and the overall understanding of the cash flow concepts, such as future cash flows and the net present values of a future investment. A friend recommended I check out Wolfram|Alpha’s finance tools, and they’ve became indispensable in my group’s casework for the semester. Each proposed future investment we were met with, we would go directly to Wolfram|Alpha to compute the cash flows. We even went as far to show screenshots, such as the one below, of inputs and outputs in our final case presentation last week.

Net present value calculation in Wolfram|Alpha

I’ve met other students on my campus who have found Wolfram|Alpha to be helpful in their courses. A few months ago while studying in the library, I walked by a table of freshman students all using Wolfram|Alpha on their laptops. I decided to stop and chat with them because I knew one of the girls. They explained how they were using Wolfram|Alpha to model functions and check portions of their math homework. All three girls are enrolled in Calculus III, and not exactly overjoyed about the fact of future— and most likely harder—math classes. More »