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Theory of Interest

Theory of Interest
Author: Stephen Kellison
ISBN 13: 9780073382449
ISBN 10: 73382442
Edition: 3
Publisher: McGraw-Hill/Irwin
Publication Date: 2008-02-07
Format: Hardcover
Pages: 660
List Price: N/A

The third edition of The Theory of Interest is significantly revised and expanded from previous editions. The text covers the basic mathematical theory of interest as traditionally developed. The book is a thorough treatment of the mathematical theory and practical applications of compound interest, or mathematics of finance. The pedagogical approach of the second edition has been retained in the third edition. The textbook narrative emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems. The third edition has considerable updates that make this book relevant to students in this course area.