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" The Math of Money "
by Morton D. Davis.
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BL
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| Record Number
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573084
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b402303
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| Main Entry
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Davis, Morton D.
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| Title & Author
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The Math of Money : Making Mathematical Sense of Your Personal Finances /\ by Morton D. Davis.
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| Publication Statement
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New York, NY :: Springer New York :: Imprint: Copernicus,, 2001.
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| ISBN
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9781475743340
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: 9781441928733
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| Contents
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1 Investment Strategies -- 2 Interest -- 3 Bonds -- 4 Mortgages -- 5 Retirement -- 6 The Psychology of Investing -- 7 A Mathematical Miscellany -- 8 Statistics -- 9 Options -- Appendix Test Your Intuition: Answers.
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| Abstract
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Learn how to calculate the math behind your mortgage, the interest rate on your credit cards, the risks youre taking on the stock market... Making the right decisions about day-to-day finances can be tricky, in large part because the math involved can be just as tricky as the decisions themselves. In a clear and conversational manner, Morton D. Davis describves the equations behind: Mortgages: Did you know that often 15 years of payments on a 30-year mortgage are mostly paxing off interest, not the loan itself? Stocks: Calculating investor psychology is important. Stcoks have no greater worth than how much people are willing to pay for them. Interest Rates: How does compound interest work mathematically? You might guess that a loan shark who asks for 5 percent interest on a one-week loan is charging 260 percent interest per year. Using compound interest, you can show the actual interest rate is more than four times that! Retirement Funds: How do I save enough money - and keep it - to last for the rest of my life? Social Security: Does it make sense to delay my payments? Using entertaining quizzes that test your intuition, easy-to-understand examples, and illustrative tables, The Math of Money explains how to calculate, and truly understand, your financial picture.
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Mathematics.
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Science (General).
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Statistics.
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Operations research.
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SpringerLink (Online service)
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