An introduction to the mathematics of finance / A. H. Pollard.

Format:

Book

Author/Creator:

Pollard, Alfred Hurlstone, 1916- author.

Language:

English

Subjects (All):

Business mathematics--Problems, exercises, etc.

Business mathematics.

Physical Description:

1 online resource (99 pages) : illustrations, tables

Edition:

Second edition.

Place of Publication:

Rushcutters Bay, New South Wales : Pergamon 1977.

Summary:

An Introduction to the Mathematics of Finance: A Deterministic Approach, Second edition , offers a highly illustrated introduction to mathematical finance, with a special emphasis on interest rates. This revision of the McCutcheon-Scott classic follows the core subjects covered by the first professional exam required of UK actuaries, the CT1 exam. It realigns the table of contents with the CT1 exam and includes sample questions from past exams of both The Actuarial Profession and the CFA Institute. With a wealth of solved problems and interesting applications, An Introduction to the Mathematics of Finance stands alone in its ability to address the needs of its primary target audience, the actuarial student. Closely follows the syllabus for the CT1 exam of The Institute and Faculty of Actuaries Features new content and more examples Online supplements available: http://booksite.elsevier.com/9780080982403/ Includes past exam questions from The Institute and Faculty of Actuaries and the CFA Institute

Contents:

Front Cover

An Introduction to the Mathematics of Finance

Copyright Page

Table of Contents

PREFACE

CHAPTER ONE. SIMPLE INTEREST

EXERCISES

CHAPTER TWO. COMPOUND INTEREST-Annual Compounding

CHAPTER THREE. ANNUITIES-CERTAIN

CHAPTER FOUR. THE USE OF COMPOUND INTEREST TABLES

CHAPTER FIVE. LOANS REPAYABLE BY EOUAL ANNUAL INSTALMENTS WHEN INTEREST IS CHARGED ONLY ON THE AMOUNT OF PRINCIPAL FROM TIME TO TIME OUTSTANDING

CHAPTER SIX. SINKING FUNDS

CHAPTER SEVEN. EQUATIONS OF VALUE

CHAPTER EIGHT. COMPOUNDING MORE FREQUENTLY THAN ANNUALLY

CHAPTER NINE. CONTRACTS AT "FLAT" RATES OF INTEREST

SOLUTIONS TO EXERCISES

APPENDIX I TEST ON CHAPTERS ONE TO FIVE

COMPOUND INTEREST TABLES.

Notes:

Description based on online resource; title from PDF title page (ebrary, viewed January 22, 2015).

ISBN:

0-08-098275-1

1-4831-3585-3

OCLC:

893671545