Business MathematicsAcademic Press, 10 maj 2014 - 428 Business Mathematics, Third Edition provides the step-by-step explanation of principles, practical aspects, and importance of business mathematics. This edition is organized into six sections encompassing 14 chapters that cover related topics of the metric system, no-fault insurance, individual retirement plans, charge account plans, home mortgages, and NOW accounts. Section 1 gives a thorough review of the fundamental processes, while Section 2 deals with buying and selling, the first factors considered in calculating a firm's profit or loss. Section 3 discusses the operating expenses that reduce the profit or increase the loss from buying and selling activities, and the actual calculation of net profit or loss. Sections 4 and 5 consider the principles of interest as a form of additional income or expense, as well as the investment in stocks, bonds, mutual funds, and other areas as still another source of income or expense. Section 6 describes the procedures for summarizing and analyzing data. The review part at the end of each section lists the important terms and reinforces the major principles learned in the unit. The summary problems in the Unit Review are intended as self-tests and should serve as effective review for examinations. This book will be of great value to business mathematicians, economists, and the general public who are interested in investments. |
Spis treści
1 | |
The Mathematics of Trading | 49 |
The Mathematics of Operating | 87 |
The Mathematics of Finance | 169 |
The Mathematics of Ownership and Investment | 247 |
The Mathematics of Summary and Analysis | 299 |
Operating Electronic Calculators | 335 |
The Metric System | 349 |
Glossary | 365 |
Answers to Test Your Ability Problems | 375 |
401 | |
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60 days accounts receivable aliquot annuity answer balance bank base bonds book value Calculate cash Chapter coinsurance commission common stock compound interest Corporation current assets current liabilities decimal point deductible deposit depreciation Determine digits dividend dividend per share earned finance charge firm fraction fund gain or loss gross profit gross wages hectometers income statement inventory investment investor's kilograms kilometers liabilities list price load fund loan markdown markup median meters method metric system monthly payment months multiply mutual fund nearest tenth number of shares Operating expenses ordinary whole original retail price outstanding paid participating preferred stock payroll percent period preferred stock PROBLEM 11 purchase price quarterly rate of gain rate of interest rate of yield ratio round SAMPLE PROBLEM SAMPLE PROBLEM 11 semiannually simple interest sold SOLUTION straight-line subtraction Table TEST YOUR ABILITY trade discount true annual rate units week whole number