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Financial, Commercial, and Mortgage Mathematics and Their Applications

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ISBN-10: 0275921190

ISBN-13: 9780275921194

Edition: N/A

Authors: Arun J. Prakash, Gordon V. Karels, Ray Fernandez

List price: $118.00
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This book covers the mathematics of time value of money and mortgages by developing both elegant and easy to follow mathematical models. It breaches the gap between the derivation and application of the time value of money formula by exploring common applications in real estate, resource allocation (capital budgeting), and commercial loans. In most instances, a concept is introduced and a formula derived with the help of a time line diagram or a simple intuitive explanation. The general solution is immediately followed by an application, which clarifies exactly how the numbers fit into the sometimes complicated formula. In many cases, a slight twist is introduced to enable the reader to…    
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Book details

List price: $118.00
Publisher: ABC-CLIO, LLC
Publication date: 4/15/1987
Binding: Hardcover
Pages: 255
Size: 6.50" wide x 9.75" long x 1.00" tall
Weight: 1.298
Language: English

Mathematical Foundation
T he Time Value of Money
M ortgage Mathematics
C ommercial Mathematics
C apital Budgeting
A ppendix: Financial Tables
S olutions to End-of-Chapter problems