Mathematics of Interest Rates, Insurance, Social Security, and Pensions

Mathematics of Interest Rates, Insurance, Social Security, and Pensions

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For undergraduate-level freshman/sophomore courses with a business or practical flavor.Covering a range of topics-many of which are not found in most other texts in the field-this text is a helpful adjunct to business concentrations such as accounting, finance and financial services, management, marketing services, computer information systems, and economics. It aims to help students become "literate" in the vocabulary of finance, insurance, and pensions and be able to utilize the appropriate mathematics for professional and personal use. Mathematics of Interest Rates, Insurance, Social Security and Pensions is ideal for individuals whose career paths may include the need for mathematics of finance, insurance, breakeven analyses, and retirement planning via Social Security and private more

Product details

  • Hardback | 351 pages
  • 182.9 x 238.8 x 22.9mm | 689.47g
  • Pearson Education (US)
  • Pearson
  • United States
  • English
  • 0130094250
  • 9780130094254

Table of contents

1. Simple Interest and Discount. 2. Practical Applications Using Simple Interest. 3. Compound Interest. 4. Basic Annuities. 5. Other Annuities. 6. Bond Valuation. 7. Elements of Linear Programming. 8. Breakeven Models. 9. Life Insurance. 10. Social Security. 11. Private Pensions. Appendix I: Summary of Formulas. Appendix II: Tables. Bibliography. Answers. more