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Mathematics of Interest Rates and Finance

 
 
 
 
Mathematics of Interest Rates and Finance
Author: Gary C. Guthrie - Larry D. Lemon
ISBN 13: 9780130461827
ISBN 10: 130461822
Edition: 1
Publisher: Pearson
Publication Date: 2003-11-20
Format: Paperback
Pages: 480
List Price: $116.60
 
 

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.