In today's money markets interest rates are all-important.  This book, which is intended as a successor to D.W.A Donald's Compound Interest and Annuities-certain, develops the classical theory of compound interest (in which the force of interest is constant) as a special case of a more general model. There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.                                      Concise and thoroughExtensive use of examplesEndorsed by the Institute of Actuaries and the Faculty of Actuaries

An introduction to the mathematics of finance

McCutcheon, J. J

Published for the Institute of Actuaries and the Faculty of Actuaries [by] Heinemann

<p>There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.</p>

An Introduction to the Mathematics of Finance: A Deterministic Approach

Business & Money

Scott, W. F.

Finance

Butterworth-Heinemann

In today's money markets interest rates are all-important. This book, which is intended as a successor to D.W.A Donald's Compound Interest and Annuities-certain, develops the classical theory of compound interest (in which the force of interest is constant) as a special case of a more general model. There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models. Concise and thoroughExtensive use of examplesEndorsed by the Institute of Actuaries and the Faculty of Actuaries

Introduction to the Mathematics of Finance: Published in association with the Institute of Actuaries and Faculty of Actuaries

See the best price to sell, buy, or rent books by McCutcheon, J. J. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by McCutcheon, J. J

See the best price to sell, buy, or rent books by McCutcheon, J. J. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

An introduction to the mathematics of finance

An Introduction to the Mathematics of Finance: A Deterministic Approach

Introduction to the Mathematics of Finance: Published in association with the Institute of Actuaries and Faculty of Actuaries