Mathematics of investment / Winston S. Sirug.

Simple interest -- Simple discount notes -- Compound interest -- Ordinary simple annuity -- Simple annuity due -- Deferred annuity -- General annuity -- Perpetuities -- Amortization and sinking fund -- Depreciation methods -- Stocks and bonds.

"Mathematics of Investment Fourth Edition is designed to give background inbusiness mathematics taught in most business administration and other relatedprograms in colleges and universities. The text's primary objective is to developthe student's understanding of the mathematical concepts and procedures neededto succeed in the fields of accounting, finance, management, marketing, andbusiness information systems.
The overall approach is to identify and build upon unifying and integrative concepts. For example, several topics in the mathematics of finance and business mathematics involve the concept of economic equivalence of alternative payment streams. The text covers the fundamental concept underlying the discounting of promissory notes, the calculation of loan balances, annuities, depreciations, and depletions. Students are also encouraged to manipulate a reduced set of fundamental formulas. The text provides a comprehensive discussion of the concepts of Mathematics of Investment which includes simple interest, simple discount, compound interest, ordinary simple annuity, annuity due, deferred annuity, general annuities, perpetuities, amortization and sinking funds, depreciation and depletion, and bonds and stocks"-- Preface of the book.