Main Introduction to the Mathematics of Money: Saving and Investing

Introduction to the Mathematics of Money: Saving and Investing

, ,
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.
Categories:
Year:
2006
Edition:
1
Publisher:
Springer
Language:
english
Pages:
297
ISBN 10:
0387344322
ISBN 13:
9780387344324
Series:
Texts in Applied Mathematics
File:
PDF, 2.30 MB
Download (pdf, 2.30 MB)

You may be interested in Powered by Rec2Me

 

Most frequently terms

 
 
You can write a book review and share your experiences. Other readers will always be interested in your opinion of the books you've read. Whether you've loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them.