9781470443931-1470443937-Mathematical Interest Theory: Third Edition (AMS/MAA Textbooks)

Mathematical Interest Theory: Third Edition (AMS/MAA Textbooks)

3.5
ISBN-13: 9781470443931
ISBN-10: 1470443937
Edition: 3
Author: James W. Daniel, Leslie Jane Federer Vaaler, Shinko Kojima Harper
Publication date: 2019
Publisher: American Mathematical Society
Format: Hardcover 581 pages
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Book details

ISBN-13: 9781470443931
ISBN-10: 1470443937
Edition: 3
Author: James W. Daniel, Leslie Jane Federer Vaaler, Shinko Kojima Harper
Publication date: 2019
Publisher: American Mathematical Society
Format: Hardcover 581 pages

Summary

Acknowledged authors James W. Daniel , Leslie Jane Federer Vaaler , Shinko Kojima Harper wrote Mathematical Interest Theory: Third Edition (AMS/MAA Textbooks) comprising 581 pages back in 2019. Textbook and eTextbook are published under ISBN 1470443937 and 9781470443931. Since then Mathematical Interest Theory: Third Edition (AMS/MAA Textbooks) textbook received total rating of 3.5 stars and was available to sell back to BooksRun online for the top buyback price of $ 36.21 or rent at the marketplace.

Description

Mathematical Interest Theory provides an introduction to how investments grow over time. This is done in a mathematically precise manner. The emphasis is on practical applications that give the reader a concrete understanding of why the various relationships should be true. Among the modern financial topics introduced are: arbitrage, options, futures, and swaps. Mathematical Interest Theory is written for anyone who has a strong high-school algebra background and is interested in being an informed borrower or investor. The book is suitable for a mid-level or upper-level undergraduate course or a beginning graduate course. The content of the book, along with an understanding of probability, will provide a solid foundation for readers embarking on actuarial careers. The text has been suggested by the Society of Actuaries for people preparing for the Financial Mathematics exam. To that end, Mathematical Interest Theory includes more than 260 carefully worked examples. There are over 475 problems, and numerical answers are included in an appendix. A companion student solution manual has detailed solutions to the odd-numbered problems. Most of the examples involve computation, and detailed instruction is provided on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators to efficiently solve the problems. This Third Edition updates the previous edition to cover the material in the SOA study notes FM-24-17, FM-25-17, and FM-26-17.

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