Financial Math for Business and Economics: Compendium of Essential Formulas

by Franz W. Peren

Overview

This compendium contains and explains essential mathematical formulas for financial economics and finance. A broad range of aids and supportive examples will help readers to understand the formulas and their practical applications. This mathematical formulary is presented in a practice-oriented, clear, and understandable manner, as it is needed for meaningful and relevant application in global business, as well as in the academic setting and economic practice.

The topics presented include but are not limited to accumulation, discounting, annuity, interest calculation, redemption, investment, effective interest rates, ICMA, depreciation, and present value.

Given its scope, the book offers an indispensable reference guide and is a must-read for undergraduate and graduate students, as well as managers, scholars, and lecturers in financial economics and business.

Product Details

ISBN-13:	9783662676455
Publisher:	Springer Berlin Heidelberg
Publication date:	07/12/2023
Edition description:	2023
Pages:	212
Product dimensions:	5.83(w) x 8.27(h) x (d)

About the Author

Franz W. Peren is a professor of business administration at the Bonn-Rhein-Sieg University, Germany, specializing in quantitative methods. He has been teaching business mathematics, business statistics, and quantitative methods in planning, taxation, and controlling within operational and strategic management since 1993, mainly at German universities of applied sciences. He has also taught and conducted research as a visiting professor at the University of Victoria in Victoria, BC, Canada, and at Columbia University in New York City, USA.

Table of Contents

Calculation of Interest.- Annual Percentage Rate.- Depreciation.- Annuity Calculation.- Sinking Fund Calculation.- Investment Calculation.- Financial Mathematical Factors.