This book develops the basic interest rate formulas and extends them to include growth factors such as inflation. Examples of their use are included so you don't have to have a math background to use them. Tables are included for those that want quick answers or do not want to use formulas. This is the only known source for many of these results.
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Dr. Hinrichs graduated from the Univesity of Oklahoma with an Electrical Engineering degree with Special Distinction in 1960 and was awarded a National Defense Education Act scholarship, earning his Ph.D. in 1963. He was the Chief Engineer for the Missile Systems Division of Rockwell International. Retired, he currently teaches financial seminars and informal courses for Southern Methodist University and Tarrant County Junior College.
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