Mathematics of Finance - Softcover

H. L. Rietz

 
9781330871423: Mathematics of Finance

Synopsis

This book provides a thorough introduction to applying mathematics to finance, and is particularly suited for students in business administration and economics. The author begins by laying out the essential concepts in the field, such as the time value of money, interest rates, and annuities. This groundwork enables the reader to progress smoothly to more complex topics like bond valuation and the mathematics of depreciation. The text distinguishes itself with its focus on the formulas most convenient for substitution without thinking. By presenting the fundamentals rigorously but with an emphasis on practicality, the author helps the reader develop an intuitive understanding of the subject. This book is not only an excellent introductory text for students but is also a useful reference guide for professionals in the financial sector.

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