Mathematical Interest Theory - Couverture souple

Vaaler, Leslie Jane Federer; Harper, Shinko Kojima; Daniel, James W.

Couverture souple

ISBN 10 : 147046568X ISBN 13 : 9781470465681

Editeur : American Mathematical Society, 2019

Synopsis

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.

Online assignments for this title are available in WebAssign. WebAssign is a leading provider of online instructional tools for both faculty and students.

A propos du livre

À propos de l'auteur

Leslie Jane Federer Vaaler, Shinko Kojima Harper, The University of Texas at Austin.

Détails de l'édition

• Éditeur: American Mathematical Society
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 147046568X
• ISBN 13: 9781470465681
• Reliure: Broché
• Numéro d'édition: 3
• Nombre de pages: 581
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible