Mathematics of Finance

Financial Mathematics continues to grow in importance, and this book is an excellent tool to equip students with the knowledge needed to operate in a world of growing financial complexity. Mathematics of Finance is designed to provide students with a generic approach to appreciate the importance of understanding financial mathematics with respect to a wide range of financial transactions, including annuities, home mortgages and personal loans, bonds, and the assessment of future investment projects. It provides students with an understanding of the calculations that underlie most financial transaction.