An Introduction to the Mathematics of Money - Saving and Investing (Paperback, Softcover reprint of hardcover 1st ed. 2007)

This is an undergraduate textbook on the basic aspects of personal savings and investing with a balanced mix of mathematical rigor and economic intuition. It uses routine financial calculations as the motivation and basis for tools of elementary real analysis rather than taking the latter as given. Proofs using induction, recurrence relations and proofs by contradiction are covered. Inequalities such as the Arithmetic-Geometric Mean Inequality and the Cauchy-Schwarz Inequality are used. Basic topics in probability and statistics are presented. The student is introduced to elements of saving and investing that are of life-long practical use. These include savings and checking accounts, certificates of deposit, student loans, credit cards, mortgages, buying and selling bonds, and buying and selling stocks. The book is self contained and accessible. The authors follow a systematic pattern for each chapter including a variety of examples and exercises ensuring that the student deals with realities, rather than theoretical idealizations. It is suitable for courses in mathematics, investing, banking, financial engineering, and related topics.

General

Imprint:	Springer-Verlag New York
Country of origin:	United States
Release date:	October 2010
First published:	2007
Authors:	David Lovelock • Marilou Mendel • Arthur L. Wright
Dimensions:	235 x 155 x 16mm (L x W x T)
Format:	Paperback
Pages:	300
Edition:	Softcover reprint of hardcover 1st ed. 2007
ISBN-13:	978-1-4419-2232-8
Categories:	Books > Business & Economics > Finance & accounting > General Books > Business & Economics > Business & management > General Books > Business & Economics > Economics > Macroeconomics > General Promotions
LSN:	1-4419-2232-6
Barcode:	9781441922328

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!