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    The Math of Money: Making Mathematical Sense of Your Personal Finances

     
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    The Math of Money: Making Mathematical Sense of Your Personal Finances

    Description

    "


    Learn how to calculate the math behind your mortgage, the interest rate on your credit cards, the risks youre taking on the stock market...

    Making the right decisions about day-to-day finances can be tricky, in large part because the math involved can be just as tricky as the decisions themselves. In a clear and conversational manner, Morton D. Davis describves the equations behind:

    Mortgages:<\/B> Did you know that often 15 years of payments on a 30-year mortgage are mostly paxing off interest, not the loan itself?

    Stocks:<\/B> Calculating investor psychology is important. Stcoks have no greater worth than how much people are willing to pay for them.

    Interest Rates:<\/B> How does compound interest work mathematically? You might guess that a loan shark who asks for 5 percent interest on a one-week loan is charging 260 percent interest per year. Using compound interest, you can show the actual interest rate is more than four times that!

    Retirement Funds:<\/B> How do I save enough money - and keep it - to last for the rest of my life?

    Social Security:<\/B> Does it make sense to delay my payments?


    Using entertaining quizzes that test your intuition, easy-to-understand examples, and illustrative tables, The <\/B> Math of Money<\/B> explains how to calculate, and truly understand, your financial picture.<\/P>"

    Product details

    EAN/ISBN:
    9780387950785
    Edition:
    2001
    Medium:
    Bound edition
    Number of pages:
    199
    Publication date:
    2001-07-01
    Publisher:
    Copernicus
    EAN/ISBN:
    9780387950785
    Edition:
    2001
    Medium:
    Bound edition
    Number of pages:
    199
    Publication date:
    2001-07-01
    Publisher:
    Copernicus

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