The Math of Money: Making Mathematical Sense of Your Personal Finances

The Math of Money: Making Mathematical Sense of Your Personal Finances
ISBN-10
1475743343
ISBN-13
9781475743340
Category
Mathematics
Pages
182
Language
English
Published
2013-04-17
Publisher
Springer Science & Business Media
Author
Morton D. Davis

Description

This lively and practical introduction to the mathematics of money invites us to take a fresh look at the numbers that underpin our financial decisions. Morton D. Davis talks about strategies to use when we are required to bet against the odds (purchasing auto insurance) or choose to bet against the odds (wagering in a casino or at the track). He considers the ways in which we can streamline and simplify the choices available to us in mortgages and other loans. And he helps us understand the real probabilities when we accept a tip on that "one in a thousand" stock, even when the tip comes from a successful day trader. With a wealth of entertaining and counterintuitive examples, The Math of Money delights as well as informs, and will help readers treat their financial resources more rationally.

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