An Introduction to the Mathematics of Money

Simple Interest.- Compound Interest.- Infiation and Taxes.- Annuities.- Loans and Risks.- Amortization.- Credit Cards.- Bonds.- Stocks and Stock Markets.- Stock Market Indexes, Pricing, and Risk.- Options.

From the reviews:



"This book is written for students without assuming a background or any experience in investing. A basic knowledge in real analysis is necessary. The student is introduced to elements of saving and investing that are of lifelong practical use. These includes saving, checking accounts, certificates of deposit, student loan, credit cards, mortgages, buying and selling bonds of stocks. The authors follow a systematic pattern with a variety of examples and exercises. ... suitable for fundamental courses in mathematics, investing, banking, financial engineering, and related topics." (Klaus Ehemann, Zentralblatt MATH, Vol. 1114 (16), 2007)

"This book is designed to serve as an undergraduate text on the fundamentals of personal savings and investing. ... The book includes an appendix that covers basic concepts and techniques in probability and mathematical statistics. ... follows a different philosophy; it allows the results and examples to speak for themselves. ... it serves as a valuable resource for attaining savings, investment, and retirement goals." (Joseph Cavanaugh, The American Statistician, Vol. 62 (2), May, 2008)