Description 
1 online resource (xi, 294 pages) : illustrations 
Contents 
Preface  Interest  Simple  Interest  Compound  Inflation and Taxes  Annuities  Loans and Risks  Amortization  Credit Cards  Bonds  Stocks and Stock Markets  Stock Market Indexes, Pricing, and Risk  Options  Appendix: Induction, Recurrence Relations, Inequalities  Appendix: Statistics  Answers  References  Index 
Summary 
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 ArithmeticGeometric Mean Inequality and the CauchySchwarz Inequality are used. Basic topics in probability and statistics are presented. The student is introduced to elements of saving and investing that are of lifelong 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 
Bibliography 
Includes bibliographical references and index 
Notes 
Print version record 
In 
Springer ebooks 
Subject 
Investments  Mathematical models.


Saving and investment  Mathematical models


Saving and investment  Mathematical models.


Investments  Mathematical models.


Investments  Mathematical models.


Saving and investment  Mathematical models.


Mathématiques financières.

Form 
Electronic book

Author 
Mendel, Marilou.


Wright, A. Larry.

ISBN 
9780387681115 

0387681116 

9780387344324 

0387344322 
