Financial Mathematics - A Computational Approach (Paperback, 2nd Edition)

This book introduces the fundamentals of financial mathematics.

It begins with a discussion of simple and compound interest and then establishes the important concepts of effective and equivalent effective interest rates. Subsequent chapters discuss the applications of annuities to practical problems regarding the saving of money and repayment of loans. The notion of using net present value and internal rate of return to distinguish between two different investment opportunities is presented.

The concluding chapters of the book take a brief look at the use of differential and integral calculus in financial mathematics. Each chapter includes numerous worked examples that are solved with the aid of a financial calculator where applicable.

General

Imprint:	Juta Academic
Country of origin:	South Africa
Release date:	December 2019
Editors:	K. Pereira • N. Modhien • K. Hunt
Dimensions:	240 x 170 x 10mm (L x W x T)
Format:	Paperback
Pages:	170
Edition:	2nd Edition
ISBN-13:	978-1-4851-3065-9
Categories:	Books > Science & Mathematics > Mathematics > General Books > Business & Economics > Business & management > Business mathematics & systems > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Business & Economics > Finance & accounting > Finance > Investment & securities > General Books > Money & Finance > Investment & securities > General Books > Money & Finance > Public finance > General Books > Varsity Textbooks > Accounting Books > Academic & Education > Varsity Textbooks > Mathematics & Science Books > Academic & Education > Varsity Textbooks > Accounting & Finance Books > Academic & Education > Varsity Textbooks > Financial Management
LSN:	1-4851-3065-4
Barcode:	9781485130659

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