The Mathematics of Money: Math for Business and Personal Finance Decisions
Timothy J. Biehler,
Finger Lakes Community College
ISBN: 0073524824 Copyright year: 2008
Table of Contents
PART ONE: CORE MATHEMATICAL TOOLS
The topics of Part One introduce the key mathematical tools for this text. While these tools are introduced in financial context, specific applications are covered in greater depth in the chapters of Part Two.
CHAPTER ONE: SIMPLE INTEREST
1.1 Simple Interest and the Time Value of Money
1.2 The Term of a Loan
1.3 Determining Principal, Interest Rates, and Time
1.4 Promissory Notes
1.5 Non-Annual Interest Rates (Optional)
CHAPTER TWO: SIMPLE DISCOUNT
2.1 Simple Discount
2.2 Simple Discount versus Simple Interest
2.3 Secondary Sales of Promissory Notes
CHAPTER THREE: COMPOUND INTEREST
3.1 Compound Interest: The Basics
3.2 Compounding Frequencies
3.3 Effective Interest Rates
3.4 Comparing Effective and Nominal Rates
CHAPTER FOUR: ANNUITIES
4.1 What is an Annuity?
4.2 Future Values of Annuities
4.3 Sinking Funds
4.4 Present Values of Annuities
4.5 Amortization Tables
4.6 Future Values with Irregular Payments: The Chronological Approach (Optional)
4.7 Future Values with Irregular Payments: The Bucket Approach (Optional)
CHAPTER FIVE: SPREADSHEETS
5.1 Using Spreadsheets: An Introduction
5.2 Future Values Using Spreadsheets
5.3 Amortization Tables Using Spreadsheets
5.4 Solving Annuity Problems Using Spreadsheets
PART TWO: SPECIFIC APPLICATIONS
The topics of Part Two can either be covered after the first five chapters (in which case they will provide a review of that material while expanding on it) or can be interspersed among the Part One chapters as covered.
CHAPTER SIX: INVESTMENTS
6.1 Stocks and Bonds
6.2 Investment Portfolios
6.3 Mutual Funds
6.4 Options and Futures Contracts
CHAPTER SEVEN: RETIREMENT PLANS
7.1 Basic Principles of Retirement Planning
7.2 Types of Retirement Plans
7.3 Risk, Reward, and Asset Allocation
7.4 Assessing the Impact of Inflation
CHAPTER EIGHT: MATHEMATICS OF PRICING
8.1 Markup and Markdown
8.2 Trade Discounts
8.3 Depreciation
CHAPTER NINE: TAXES
9.1 Sales Taxes
9.2 Income Taxes
9.3 Property Taxes
9.4 Other Taxes and Issues
12.1 Types of Financial Statements
12.2 Interpreting Financial Statements
CHAPTER THIRTEEN: INSURANCE AND RISK MANAGEMENT
13.1 Property, Casualty and Liability Insurances
13.2 Health Insurance and Employee Benefits
13.3 Life Insurance
CHAPTER FOURTEEN: EVALUATING PROJECTED CASH FLOWS
14.1 The Present Value Method
14.2 The Payback Period Method
CHAPTER FIFTEEN: PAYROLL AND INVENTORY
15.1 Payroll
15.2 Inventory
CHAPTER SIXTEEN: BUSINESS STATISTICS
16.1 Charts and Graphs
16.2 Measures of Average
16.3 Measures of Variation
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.
2008 McGraw-Hill Higher Education