Description - Mathematics of Interest Rates and Finance by Gary C. Guthrie
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 analysing 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 labour-intensive details.
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(240mm x 186mm x mm)
Publisher: Pearson Education (US)
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