Financial Literacy

Introduction to the Mathematics of Interest, Annuities, and Insurance

By (author) Kenneth Kaminsky

Publication date:

28 September 2010

Length of book:

388 pages

Publisher

University Press of America

Dimensions:

232x154mm
6x9"

ISBN-13: 9780761853091

BOOK DESCRIPTION
TABLE OF CONTENTS

Requiring only a background in high school algebra, Kaminsky's Financial Literacy: Introduction to the Mathematics of Interest, Annuities, and Insurance uses an innovative approach in order to make today's college student literate in such financial matters as loans, pensions, and insurance. Included are hundreds of examples and solved problems, as well as several hundred exercises backed up by a solutions manual.

Part 1 Preface to the First Edition
Part 2 Preface to the Second Edition
Part 3 Part I-Payments Certain
Chapter 4 Chapter 1: Variations on the Theme: Some General Principles of Compound Interest
Chapter 5 Chapter 2: Mixing it Up: Nominal Rates of Interest, Multiple Deposits and Withdrawals, and More
Chapter 6 Chapter 3: Introduction to Annuities
Chapter 7 Chapter 4: More General Annuities
Chapter 8 Chapter 5: Amortization and Sinking Funds
Part 9 Part II-LIfe Contingencies
Chapter 10 Chapter 6: Probability & The Mortality Table
Chapter 11 Chapter 7: Life Annuities
Chapter 12 Chapter 8: Life Insurance
Chapter 13 Chapter 9: Loose Ends: Reserves & Gross Premiums
Part 14 Tables
Part 15 Solutions
Part 16 Bibliography
Part 17 Index
Part 18 About the Author