Mathematics of Interest Rates and Finance

Gary C. Guthrie, Larry D. Lemon

ISBN 10: 0130461822 / ISBN 13: 9780130461827

Published by Pearson, 2003

About this Item

[ No Hassle 30 Day Returns ][ Ships Daily ] [ Underlining/Highlighting: NONE ] [ Writing: NONE ] [ Edition: first ] Publisher: Prentice Hall Pub Date: 11/20/2003 Binding: Paperback Pages: 480 first edition.

Seller Inventory # 6881310

Bibliographic Details

• Title: Mathematics of Interest Rates and Finance
• Publisher: Pearson
• Publication Date: 2003
• Language: English
• ISBN 10: 0130461822
• ISBN 13: 9780130461827
• Binding: Soft cover
• Condition: Very Good

About this title

Synopsis

For courses in Actuarial Mathematics, Introduction to Insurance, and Personal/Business Finance.

This text presents the basic core of information needed to understand the impact of interest rates on the world of investments, real estate, corporate planning, insurance, and securities transactions. The authors presuppose a working knowledge of basic algebra, arithmetic, and percents for the core of the book: their goal is for students to understand well those few underlying principles that play out in nearly every finance and interest problem. There are several sections that utilize calculus and one chapter that requires statistics. Using time line diagrams as important tools in analyzing money and interest exercises, the text contains a great deal of practical financial applications of interest theory as well as its foundational definitions and theorems. It relies on the use of calculator and computer technology instead of tables; this approach frees students to understand challenging topics without wilting under labor-intensive details.

From the Back Cover

This book presents the basic core of information needed to understand the impact of interest on the world of investments, real estate, corporate planning, insurance, and securities transactions. Needing only a working knowledge of basic algebra, arithmetic, and percents, readers can understand well those few underlying principles that play out in nearly every finance and interest problem.Using time line diagrams to analyze money and interest, this book contains a great deal of practical financial applications of interest theory. It relies on the use of calculator and computer technology instead of tables, covering simple interest, discount interest, compound interest, annuities, debt retirement methods, stocks and bonds, and depreciation and capital budgeting.For those employed in fields of investments, real estate, corporate planning, insurance, and securities, as well as those who wish to understand the impact of interest rates on their own personal finances.