Basic Finance: An Introduction to Financial Institutions, Investments, and Management

Offering the most current coverage available, BASIC FINANCE: AN INTRODUCTION TO FINANCIAL INSTITUTIONS, INVESTMENTS & MANAGEMENT, 11E uses a proven "modular" approach to help you learn finance concepts quickly and easily. Exploring how the three primary aspects of finance interrelate, the book equips you with a firm foundation in all of finance--not just corporate finance. Each chapter offers a concise, self-contained treatment of one or two finance concepts or institutions. The book's Internet resources, number problems, illustrations using financial calculators, and Microsoft Excel appendix help you build on what you learn. The time value of money is emphasized throughout to ensure a thorough understanding. The 11th Edition includes numerous self-help problems with answers and relationships with answers, new sections on Internet sources of information, and up-to-date tax laws.

Dr. Herbert Mayo taught full time for more than 50 years, most recently at The College of New Jersey, where he served as director of accreditation as well as professor. A well-respected author and experienced educator, Dr. Mayo has written several successful books focusing on critical finance issues and today's investment opportunities. Dr. Mayo earned his Ph.D. from Rutgers University and his undergraduate degree from the University of North Carolina at Chapel Hill. Dr. Mayo was the sole author of the first 12 editions of this text, and he has used income from the book’s sales to fund a range of philanthropic endeavors, including an annual business plan competition, a student investment fund and an endowed scholarship.