TY - BOOK AU - Dworsky,Lawrence N. TI - Understanding the mathematics of personal finance: an introduction to financial literacy SN - 9780470538395 AV - HG179 .D96 2009EBK PY - 2009/// CY - Hoboken, N.J. PB - Wiley KW - Finance, Personal KW - Mathematics KW - Investments KW - Business mathematics KW - Consumers KW - Decision making KW - BUSINESS & ECONOMICS KW - Personal Finance KW - Money Management KW - bisacsh KW - Budgeting KW - Electronic books KW - local N1 - BIBINDX; Understanding the Mathematics of Personal Finance; Contents; Preface; Acknowledgments; List of Abbreviations; 1. Background Mathematics; 2. Compound Interest; 3. Loan Amortization and Savings; 4. Mortgages; 5. Prepayment Penalties; 6. Credit Cards; 7. Present Value; 8. Comparing Loans; 9. Taxation and Inflation; 10. Life Insurance; 11. Annuities; 12. Reverse Mortgages and Viatical Settlements; 13. Investing: Risk versus Reward; 14 Gambling; 15 Spreadsheet Calculators; 16 Solutions; Index N2 - A user-friendly presentation of the essential concepts and tools for calculating real costs and profits in personal finance. Understanding the Mathematics of Personal Finance explains how mathematics, a simple calculator, and basic computer spreadsheets can be used to break down and understand even the most complex loan structures. In an easy-to-follow style, the book clearly explains the workings of basic financial calculations, captures the concepts behind loans and interest in a step-by-step manner, and details how these steps can be implemented for practical purposes. Rather than simply pr UR - https://doi.org/10.1002/9780470538395 ER -