An 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....

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Bibliographische Detailangaben
Hauptverfasser: Lovelock, David, 1938-, Mendel, Marilou, 19..- (VerfasserIn), Wright, A. Larry (VerfasserIn)
Format: Livre numérique
Sprache:Anglais
Veröffentlicht: New York, NY : Springer New York 2007.
Cham : Springer Nature
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Anmerkung: Archives Springer e-books (Licence nationale)
Archives Springer e-books (Licence nationale)
Numérisation de l'édition de New York : Springer Science+Business Media , cop. 2007
Autres localisations: Voir dans le Sudoc
Edition sous un autre format:• An Introduction to the Mathematics of Money, Texte imprimé, 9780387344324
• An Introduction to the Mathematics of Money, Texte imprimé, 9780387514192
• An Introduction to the Mathematics of Money, Texte imprimé, 9781441922328
Beschreibung
Zusammenfassung: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.
Beschreibung:Archives Springer e-books (Licence nationale)
Archives Springer e-books (Licence nationale)
Numérisation de l'édition de New York : Springer Science+Business Media , cop. 2007
ISBN:9780387681115
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