eBook - PDF

Financial, Commercial, and Mortgage Mathematics and Their Applications

Name: Financial, Commercial, and Mortgage Mathematics and Their Applications
ISBN: 9781440830945

Arun J. Prakash,

Dilip K. Ghosh,

456 pages
English
PDF
Available on iOS & Android

eBook - PDF

Financial, Commercial, and Mortgage Mathematics and Their Applications

Arun J. Prakash,

Dilip K. Ghosh,

About this book

Ideal for college students in intermediate finance courses, this book uniquely applies mathematical formulas to teach the underpinnings of financial and lending decisions, covering common applications in real estate, capital budgeting, and commercial loans. An updated and expanded version of the time-honored classic text on financial math, this book provides, in one place, a complete and practical treatment of the four primary venues for finance: commercial lending, financial formulas, mortgage lending, and resource allocation or capital budgeting techniques. With an emphasis on understanding the principles involved rather than blind reliance on formulas, the book provides rigorous and thorough explanations of the mathematical calculations used in determining the time value of money, valuation of loans by commercial banks, valuation of mortgages, and the cost of capital and capital budgeting techniques for single as well as mutually exclusive projects. This new edition devotes an entire chapter to a method of evaluating mutually exclusive projects without resorting to any imposed conditions. Two chapters not found in the previous edition address special topics in finance, including a novel and innovative way to approach amortization tables and the time value of money for cash flows when they increase geometrically or arithmetically. This new edition also features helpful how-to sections on Excel applications at the end of each appropriate chapter.

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Yes, you can access Financial, Commercial, and Mortgage Mathematics and Their Applications by Arun J. Prakash,Dilip K. Ghosh in PDF and/or ePUB format, as well as other popular books in Business & Financial Accounting. We have over one million books available in our catalogue for you to explore.