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Financial mathematics for decision making

Author: Nicole Ibbett
Publisher: South Melbourne, Vic. : Cengage Learning Australia, 2012.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
Financial Mathematics for Decision Making is designed to provide students with little or no previous exposure to finance or financial calculations with the skills necessary to make practical financial decisions. Using a six-step problem solving framework students learn to: 1. Identify the decision to be made (or problem to be solved); 2. Identify formula (or formulae) to be used; 3. Summarise the available
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Document Type: Book
All Authors / Contributors: Nicole Ibbett
ISBN: 9780170215695 0170215695
OCLC Number: 785729360
Description: 1 volume
Responsibility: Nicole Ibbett.

Abstract:

Financial Mathematics for Decision Making is designed to provide students with little or no previous exposure to finance or financial calculations with the skills necessary to make practical financial decisions. Using a six-step problem solving framework students learn to: 1. Identify the decision to be made (or problem to be solved); 2. Identify formula (or formulae) to be used; 3. Summarise the available information; 4. Create an equation; 5. Solve the equation; 6. Use the solution to justify the decision made (or to answer the problem).

Technically edited for accuracy and clarity; 140+ examples help students understand complex theory; 35 Self-test questions appear throughout the text to enable students to test their understanding as they learn. The end of chapter revision section contains a variety of multiple choice, short exercises and longer problem activities.

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