Last edited by Grotaxe
Monday, August 30, 2021 | History

1 edition of The Math of Money found in the catalog.

The Math of Money

Making Mathematical Sense of Your Personal Finances

by Morton D. Davis

  • 345 Want to read
  • 24 Currently reading

Published by Springer New York, Imprint: Copernicus in New York, NY .
Written in English

    Subjects:
  • Mathematics,
  • Science (General),
  • Statistics,
  • Operations research

  • About the Edition

    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.

    Edition Notes

    Statementby Morton D. Davis
    Classifications
    LC ClassificationsQA1-939
    The Physical Object
    Format[electronic resource] :
    Pagination1 online resource (v, 199 p.)
    Number of Pages199
    ID Numbers
    Open LibraryOL27073645M
    ISBN 101441928731, 1475743343
    ISBN 109781441928733, 9781475743340
    OCLC/WorldCa851820983


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