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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Auteurs principaux : | , , |
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Format : | Livre |
Langue : | anglais |
Titre complet : | An Introduction to the Mathematics of Money : Saving and Investing / David Lovelock, Marilou Mendel, A. Larry Wright. |
Publié : |
New York, NY :
Springer New York
, 2007 Cham : Springer Nature |
Accès en ligne : |
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Condition d'utilisation et de reproduction : | Conditions particulières de réutilisation pour les bénéficiaires des licences nationales : chttps://www.licencesnationales.fr/springer-nature-ebooks-contrat-licence-ln-2017 |
Reproduction de : | Numérisation de l'édition de New York : Springer Science+Business Media , cop. 2007 |
Sujets : | |
Documents associés : | Autre format:
An Introduction to the Mathematics of Money Autre format: An Introduction to the Mathematics of Money Autre format: An Introduction to the Mathematics of Money |
Résumé : | 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. |
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ISBN : | 978-0-387-68111-5 |
DOI : | 10.1007/978-0-387-68111-5 |