Understanding the Mathematics of Personal Finance

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Release : 2009-09-22
Genre : Mathematics
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Book Rating : 384/5 ( reviews)

Understanding the Mathematics of Personal Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Understanding the Mathematics of Personal Finance write by Lawrence N. Dworsky. This book was released on 2009-09-22. Understanding the Mathematics of Personal Finance available in PDF, EPUB and Kindle. A user-friendly presentation of the essential concepts and tools for calculating real costs and profits in personal finance Understanding the Mathematics of Personal Finance explains how mathematics, a simple calculator, and basic computer spreadsheets can be used to break down and understand even the most complex loan structures. In an easy-to-follow style, the book clearly explains the workings of basic financial calculations, captures the concepts behind loans and interest in a step-by-step manner, and details how these steps can be implemented for practical purposes. Rather than simply providing investment and borrowing strategies, the author successfully equips readers with the skills needed to make accurate and effective decisions in all aspects of personal finance ventures, including mortgages, annuities, life insurance, and credit card debt. The book begins with a primer on mathematics, covering the basics of arithmetic operations and notations, and proceeds to explore the concepts of interest, simple interest, and compound interest. Subsequent chapters illustrate the application of these concepts to common types of personal finance exchanges, including: Loan amortization and savings Mortgages, reverse mortgages, and viatical settlements Prepayment penalties Credit cards The book provides readers with the tools needed to calculate real costs and profits using various financial instruments. Mathematically inclined readers will enjoy the inclusion of mathematical derivations, but these sections are visually distinct from the text and can be skipped without the loss of content or complete understanding of the material. In addition, references to online calculators and instructions for building the calculations involved in a spreadsheet are provided. Furthermore, a related Web site features additional problem sets, the spreadsheet calculators that are referenced and used throughout the book, and links to various other financial calculators. Understanding the Mathematics of Personal Finance is an excellent book for finance courses at the undergraduate level. It is also an essential reference for individuals who are interested in learning how to make effective financial decisions in their everyday lives.

Master Math

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Release : 2011-05
Genre : Business mathematics
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Book Rating : 881/5 ( reviews)

Master Math - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Master Math write by Mary Hansen. This book was released on 2011-05. Master Math available in PDF, EPUB and Kindle. "Master everything from banking and loan interest to budgets and business costs"--Cover.

The Mathematics of Money

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Author :
Release : 2008
Genre : Business mathematics
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Book Rating : 442/5 ( reviews)

The Mathematics of Money - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Mathematics of Money write by Timothy J. Biehler. This book was released on 2008. The Mathematics of Money available in PDF, EPUB and Kindle.

Math for Financial Literacy

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Release : 2012-05
Genre : Business & Economics
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Book Rating : 860/5 ( reviews)

Math for Financial Literacy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Math for Financial Literacy write by Todd Knowlton. This book was released on 2012-05. Math for Financial Literacy available in PDF, EPUB and Kindle. Math for Financial Literacy prepares your students for the real world. Written specifically for teens, Math for Financial Literacy provides instruction for relevant math concepts that students can easily relate to their daily lives. In Math for Financial Literacy, students learn how to apply basic math concepts to the tasks they will use in the real world, including earning a paycheck, managing a bank account, using credit cards, and creating a budget. Other practical topics are presented to help students become financially capable and responsible. Each chapter is designed to present content in small segments for optimal comprehension. The following features also support students in the 5E instructional model. Reading Prep activities give students an opportunity to apply the Common Core State Standards for English Language Arts. These activities are noted by the College and Career Readiness icon and will help students meet the College and Career Readiness (CCR) anchor standards for reading and writing. For just-in-time practice of relevant skills, Build Your Math Skills features provide a preview of skills needed in the lesson, while Review Your Math Skills features reinforce those skills after the lesson instruction. See It and Check It features set the structure for presenting examples of each concept. See It demonstrates the concept, and Check It gives students a chance to try it for themselves. Skills Lab provided at the beginning of the text helps students become reacquainted with the math skills they will encounter in the book. There are 16 labs ranging from place value/order to bar and circle graphs. The Financial Literacy Simulation: Stages of Life Project provides students with real-life personal and professional scenarios that require the math skills and problem-solving techniques they have learned during the course. This capstone chapter is divided into life stages to support students as they enter into the adult world of working and financial planning. Assessment features at the end of the chapters allow for the review of key terms and concepts, as well as a spiral review of content from previous chapters. Additional features include: Financial $marts features offer information that applies the content to the practical matter of personal finance. Money Matters features equip students with background knowledge about the chapter topic. Apply Your Technology Skills features allow students to use technology to apply the math concepts they learned to real-life situations. Career Discovery features offer students an inside look at the math skill they will need for the career of their choice, based on the 16 Career Clusters(TM). FYI tips provide relevant information about the chapter content and math principles.

An Introduction to Mathematical Finance with Applications

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Release : 2016-06-17
Genre : Mathematics
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Book Rating : 839/5 ( reviews)

An Introduction to Mathematical Finance with Applications - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook An Introduction to Mathematical Finance with Applications write by Arlie O. Petters. This book was released on 2016-06-17. An Introduction to Mathematical Finance with Applications available in PDF, EPUB and Kindle. This textbook aims to fill the gap between those that offer a theoretical treatment without many applications and those that present and apply formulas without appropriately deriving them. The balance achieved will give readers a fundamental understanding of key financial ideas and tools that form the basis for building realistic models, including those that may become proprietary. Numerous carefully chosen examples and exercises reinforce the student’s conceptual understanding and facility with applications. The exercises are divided into conceptual, application-based, and theoretical problems, which probe the material deeper. The book is aimed toward advanced undergraduates and first-year graduate students who are new to finance or want a more rigorous treatment of the mathematical models used within. While no background in finance is assumed, prerequisite math courses include multivariable calculus, probability, and linear algebra. The authors introduce additional mathematical tools as needed. The entire textbook is appropriate for a single year-long course on introductory mathematical finance. The self-contained design of the text allows for instructor flexibility in topics courses and those focusing on financial derivatives. Moreover, the text is useful for mathematicians, physicists, and engineers who want to learn finance via an approach that builds their financial intuition and is explicit about model building, as well as business school students who want a treatment of finance that is deeper but not overly theoretical.