Commerce Maths Pack

Product Details:
Author(s):
Pereira, K ,
Modhien, N and
Hunt, K
Year Published:
2019
Edition
Type:
Print | Soft Cover
Language:
English
About this publication
This value bundle, fundamental for first-year accountancy and commerce students, provides an introduction to fundamentals of financial mathematics, as well as exercises and questions covering topics in Differential and Integral Calculus, Matrix Algebra and Linear Programming.
Financial Mathematics 2e begins with a discussion of simple and compound interest and then establishes the important concepts of effective and equivalent effective interest rates. Subsequent chapters discuss the applications of annuities to practical problems regarding the saving of money and repayment of loans. The notion of using net present value and internal rate of return to distinguish between two different investment opportunities is presented. The concluding chapters of the book take a brief look at the use of differential and integral calculus in financial mathematics. Each chapter includes numerous worked examples that are solved with the aid of a financial calculator where applicable.
Selected Questions in Mathematics for Business, Finance and Economics 3e aims to develop student competency in using mathematical techniques as a “toolbox” for the solution of problems relevant to Economics, Business and Finance. The book provides an introductory revision chapter of basic mathematical principles followed by chapters of multiple-choice questions each covering a particular section of the work. In addition to multiple-choice questions, there are extension tutorials requiring written responses and sample tests covering each section of the work. Answers are provided to each question at the back of the book together with a formula sheet for easy reference.
Content
Financial Mathematics: A Computational Approach 2e:
Chapter 1: Simple and Compound Interest
Chapter 2: Nominal, Effective and Equivalent Effective Interest Rates
Chapter 3: Applications of Simple and Compound Interest 
Chapter 4: Annuities
Chapter 5: Applications of Annuities to Savings I
Chapter 6: Applications of Annuities to Savings II
Chapter 7: Applications of Annuities to Loans I
Chapter 8: Applications of Annuities to Loans II
Chapter 9: Newton’s Method
Chapter 10: Cash Flow
Chapter 11: Continuous Compounding and Continuous Money Flow
Appendix A: Derivation of the Formula for Growing Annuities
Appendix B: Derivation of the Formulas for Balance Outstanding
Appendix C: Derivation of the Formula for Continuous Compounding
Contents – Selected Questions in Mathematics for Business, Finance and Economics 3e:
School Revision Page
R1. Review of Algebra 1
R2. Review of Equations 3
R3. Review of Functions 6
Chapter 1: Mathematical Modelling
Chapter 2: Introduction to Calculus
Chapter 3: Rules of Differentiation
Chapter 4: Applications of Differentiation
Chapter 5: Further Applications and Techniques of Differentiation
Chapter 6: Functions of Several Variables
Chapter 7: Integration
Chapter 8: Matrix Algebra and Linear Programming
Extension Tutorials
Sample Tests
Answers
Answers to Questions
Answers to Extension Tutorials
Answers to Sample Tests
Formula Sheet
Interest / Benefit to
First year accountancy and commerce students.