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Broverman, mathematics of investment and credit, 4th ed. The goal of this course is to provide students an understanding of fundamental concepts of financial mathematics, and how those concepts are applied in calculating present and accumulated values for various streams of. The mathematics of finance 10 chapter compound and simple interest when you deposit money into a savings account, the bank pays you a fee for the use of your money. Mathematics of investment an introduction prepared by. Broverman mathematics of investment and credit solutions. This fee is called interest and is determined by the amount deposited, the duration of the deposit, and the interest rate. It is a course, which will enhance the students mathematical understanding of debt instruments. See all 12 formats and editions hide other formats and editions.
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