An Introduction to the Mathematics of Finance: A Deterministic Approach (Step-By-Step) 1st Edition

ISBN-13: 978-0750600927

ISBN-10: 0750600926

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An Introduction to the Mathematics of Finance: A Deterministic Approach

There is a concise but thorough treatment of the basic compound interest functions, nominal rate of interest, and the yield (or internal rate of return) and there are many examples on discounted cash flow. Also discussed are applications of the theory to capital redemption policies (with allowance for income tax, capital gains tax and index-linking), and consumer credit calculations. The final chapter provides a simple introduction to stochastic interest rate models.


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Product details

  • Publisher ‏ : ‎ Butterworth-Heinemann; 1st edition (January 15, 1989)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 480 pages
  • ISBN-10 ‏ : ‎ 0750600926
  • ISBN-13 ‏ : ‎ 978-0750600927
  • Item Weight ‏ : ‎ 1.92 pounds
  • Dimensions ‏ : ‎ 6.14 x 1.06 x 9.21 inches
  • Best Sellers Rank: #7,613,118 in Books (See Top 100 in Books)
    • #6,558 in Business Finance
    • #8,165 in Mechanical Engineering (Books)
  • Customer Reviews:

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Top review from the United States

Reviewed in the United States on March 29, 2018

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This first edition is a good and classic introduction to the subject which requires some prerequisite maths knowledge about the subject. It's a good foundation and introduction to the subject.

Top reviews from other countries

2.0 out of 5 stars NO

Reviewed in the United Kingdom on August 2, 2020

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To be honest, I don't understand, and I don't know why I bought this book, maybe because the professor requested it.

4.0 out of 5 stars Acceptable, I guess...

Reviewed in the United Kingdom on March 19, 2014

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as good a book you can get if you're studying a Maths subject and have to do actuarial modules, this book certainly can't be made the only source of information for your financial maths studies but then again, one should be expected to make use of multiple sources when studying or dealing with anything requiring fair amount of intellect. My classmates at differing points over the course of a few months bought this book at differing prices as we all opted for the used versions. All our books were in fantastic condition so I'd advise buying used unless you're a money wasting sl?g.

5.0 out of 5 stars The Mathematics of Finance

Reviewed in the United Kingdom on June 24, 2012

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A fantastic book for this subject, particularly for those wanting to learn about the subject or who are young enough not to be aware of the subject.

5.0 out of 5 stars Introduction to the Mathematics of Finance

Reviewed in the United Kingdom on May 22, 2013

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My son who study in London School of Economy asked me to buy this book. He passed his exam, so I think it must be OK

5.0 out of 5 stars Five Stars

Reviewed in the United Kingdom on October 29, 2015

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