Essential Mathematics of Money

This no-nonsense guide provides students and self-learners with a clear and readable study of the most important ideas of loans, interest rates, and investments. Tim Hill's distraction-free approach combines decades of tutoring experience with the proven methods of his Russian math teachers. The result: a strong grasp of basic financial concepts, including cash flows, timing issues, the time value of money, and the power of compound interest.

- Teaches general principles that can be applied to a wide variety of financial products, including mortgages, student loans, leases, credit-card debt, car payments, medical expenses, annuities, retirement funds, and stock purchases.
- Avoids the mindless and excessive routine computations that characterize conventional textbooks.
- Treats financial mathematics as a logically coherent discipline, not as a disjointed collection of techniques.
- Restores proofs to their proper place to remove doubt, convey insight, and encourage precise logical thinking.
- Omits digressions, excessive formalities, and repetitive exercises.
- Includes examples that extend your knowledge rather than merely reinforce it.

Contents
1. Interest
2. Present Value
3. Annual Percentage Rate
4. Mortgages
5. Annuities
6. Stocks
7. Personal Savings
8. Student Loans
9. Kelly Strategy
10. Mathematics Review

About the Author
Tim Hill is a statistician living in Boulder, Colorado. He holds degrees in mathematics and statistics from Stanford University and the University of Colorado. Tim has written self-teaching guides for Algebra, Trigonometry, Geometry, Precalculus, Advanced Precalculus, Permutations & Combinations, Mathematics of Money, Excel Loan & Mortgage Formulas, and Excel Pivot Tables. When he's not crunching numbers, Tim climbs rocks, hikes canyons, and avoids malls.