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Mathematical Association of America Textbooks Ser.: Mathematical Interest Theory by Federer Vaaler, Leslie Jane and James W. Daniel (2009, Hardcover)

Über dieses Produkt

Product Identifiers

PublisherAmerican Mathematical Society
ISBN-100883857545
ISBN-139780883857540
eBay Product ID (ePID)71134882

Product Key Features

Number of Pages656 Pages
LanguageEnglish
Publication NameMathematical Interest Theory
Publication Year2009
SubjectInterest, Decision-Making & Problem Solving, General
FeaturesNew Edition
TypeTextbook
Subject AreaMathematics, Business & Economics
AuthorFederer Vaaler, Leslie Jane, James W. Daniel
SeriesMathematical Association of America Textbooks Ser.
FormatHardcover

Dimensions

Item Height1.2 in
Item Weight29.1 Oz
Item Length9.2 in
Item Width6.1 in

Additional Product Features

Edition Number2
Intended AudienceCollege Audience
ReviewsThis is an excellent book on interest theory, one of the four book recognized by the Society of Actuaries and Casualty Acruarial Society as a basis of study for the interest theory component of their joint FInancial Mathematics (FM) exam. What I particularly like about Mathematical Interest Theory is that many problems are intrinsically multi-stepped requiring use of several core functions. By providing a multitude of superior problems, the authors are able to familiarize the student not only with core actuarial function, but also develop their skills in studying the interaction between these functions and real-world problems."" - Russell Jay Hendel, UMAP Journal ""Students pursuing an actuarial career as well as those seeking a mathematically based finances course stand to benefit from this informative, up-to-date, and above all, skillfully written treatise. Instructors and students of interest theory owe Daniel and Vaaler a debt of gratitude for their fine efforts."" - Susan Staples, Texas Christian University ""We use the Vaaler and Daniel text as our primary learning resource for actuarial science majors as they prepare for the SOA FM/CAS2 financial mathematics exam. Each concept is followed by several illustrative and detailed examples that help students master the big ideas in interest theory."" - Mark Maxwell, Director of Actuarial Science, Robert Morris University
Dewey Edition22
Series Volume Number14
IllustratedYes
Dewey Decimal332.8015118
Table Of ContentAn introduction to the Texas Instruments BA II Plus; 1. The growth of money; 2. Equations of value and yield rates; 3. Annuities; 4. Annuities with different payment and conversion periods; 5. Loan repayment; 6. Bonds; 7. Stocks and financial markets; 8. Arbitrage, the term structure of interest rates, and derivatives; 9. Interest rate sensitivity; Appendices: A. Some useful formulas; B. Answers to end of chapter problems; Bibliography; Index.
Edition DescriptionNew Edition
SynopsisMathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers.. This is done in a mathematically precise manner, but the emphasis is on practical applications and giving the reader a concrete understanding as to why the various relationships should be true. Modern financial topics including arbitrage, options, futures, and swaps are introduced. Along with an understanding of probability, this book provides a solid foundation for readers embarking on actuarial careers. It also includes detailed instruction on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators. This text is among the recommended reading options for the Society of Actuaries/Casualty Actuarial Society FM/2 exam., Mathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers. It is among the recommended reading options for the Society of Actuaries/Casualty Actuarial Society FM/2 exam., Mathematical Interest Theory gives an introduction to how investments vary over time, and this book provides a solid foundation for readers embarking on actuarial careers.. This is done in a mathematically precise manner, but the emphasis is on practical applications and giving the reader a concrete understanding as to why the various relationships should be true. Modern financial topics including arbitrage, options, futures, and swaps are introduced. Along with an understanding of probability,this book provides a solid foundation for readers embarking on actuarial careers. It also includes detailed instruction on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators. This text is among the recommended reading options for the Society of Actuaries/Casualty Actuarial Society FM/2 exam.
LC Classification NumberHB539 .D33 2008