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Mathematical Interest Theory (Mathematical Association of America Textbooks)

Leslie Vaaler, James Daniel




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 | #88205 in Books |  Mathematical Association of America |  2008-10-01 | Original language:English | PDF # 1 |  9.72 x1.14 x6.69l,1.74 | File type: PDF | 656 pages

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||0 of 0 people found the following review helpful.| Five Stars|By Customer|Good.|4 of 4 people found the following review helpful.| Using to study for Exam 2/FM|By TPJK|Clear explanations with examples. The math is easy to understand. Sufficient number of exercises which follow the text. The student manual is worthwhile also.|3 of 4 people found the following review helpful.|| |This is an excellent book on interest theory, one of the four book recognized by the Society of Actuaries and Casualty Acruarial Society as a basis of study for the interest theory component of their joint FInancial Mathematics (FM) exam. What I particularly l

Mathematical Interest Theory gives an introduction of 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. The content of the book, along with an understanding of probability, will provide a solid foundation fo...

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