Ong, Anita C.

Elements of investment mathematics / Anita C. Ong and Presentacion B. Gabriel - First Edition - Manila, Philippines : Rex Book Store, c2011 - vii, 181 pages ; 26 cm.

Includes bibliographical references.

CHAPTER 1. Simple and discount interest -- 2. Compound interest -- 3. Simple annuities -- 3. Amortization and sinking funds -- 4. General annuities -- 5. Depreciation -- 6. Stocks and bonds -- References.

Elements of Investment Mathematics is an easy-to-understand primer on the basic concepts and operations one needs to know to make smart financial decisions, on a personal level especially, and hopefully to avoid pitfalls. It is a guide on time value of money as it serves as basis for unraveling the complexities of personal finance. It demystifies the mathematics of banking, credit and depreciation, and presents the fundamental computations on stocks and bonds. Since changes in the financial climate send ripples - and sometimes waves - in households, this book provides welcome knowledge and elementary know-how on the world of money and investment.

9789712360459


INVESTMENT -- MATHEMATICS

HG 4539 .O54 2011