Kathy Tannous, Petr Zima, Robert Brown, Steve Kopp· ISBN 9781743072738
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Mathematics of Finance is designed to provide readers with a generic approach to appreciate the importance of understanding financial mathematics with respect to a wide range of financial transactions.Tannous, Brown, Kopp and Zima deliver an excellent tool to equip students with the knowledge needed to operate in a world of growing financial complexity. Real-World applications, such as home mortgages and personal loans, engage students by showing the relevance along with the tools needed to apply what they learn to other situations.Mathematics of Finance provides students with an understanding of the calculations that underlie most financial transactions. Case studies, exercises and numerous worked examples support the theory throughout the text."Mathematics of Finance, by Tannous, Brown, Kopp and Zima, provides a splendid array of numerical examples with real life application that support financial understanding in a substantive manner. The Australian focus and use of excel for obtaining numerical solutions make the book extremely useful in building student interest, awareness and skill in the approach to financial transactions." - Professor Ron Ratti, University of Western Sydney.