A Spiral Approach to Financial Mathematics lays a foundation of intuitive analysis of financial concepts early in the course, followed by a more detailed and nuanced treatment in later chapters. It introduces major financial concepts through real situations, integrates active learning, student focused explorations and examples with Excel spreadsheets and straightforward financial calculations. It is organized so sections can be read independently or through in-class guided-discovery activities and/or interactive lectures. Focusing on conceptual understanding to maximize comprehension and retention, using modern financial analysis tools and utilizing active learning, the book offers a modern approach that eliminates tedious and time-consuming calculations initially without underestimating the ability of readers.

Covers FM Exam topics
Includes Excel spreadsheets that enable the execution of financial transactions
Presents a spiral, active learning pedagogical strategy that accentuates key concepts and reinforces intuitive learning

Autorentext

Nathan Tintle has authored other textbooks in statistics, as well as having published a wide variety of journal publications in biostatistics, genetic epidemiology, psychology, and statistics education. He initiated new programs at Actuarial Science at two institutions and has been teaching financial mathematics for over 12 years. Among other honors, he was the 2013 winner of the Waller Statistics Education Award and the 2017 winner of the Robert Hogg award for Excellence in Teaching Introductory Statistics. His first book, with co-author Todd Swanson, "Introduction to Statistical Investigations, won the award for the 2017 Most Promising New Textbook of year from the Textbook and Academic Authors Association.

Inhalt

Unit 1 Introduction to Financial Mathematics 1. Savings: Fundamentals of Interest 2. Loans: Fundamentals of Borrowing and Lending 3. Annuities: Fundamentals of Regular Payments 4. Stocks and Bonds: Fundamentals of Investment Strategies 5. Portfolios: Fundamentals of Collections of Assets and Liabilities

Unit 2 Revisiting Topics in Financial Mathematics 6. Savings Revisited 7. Loans Revisited 8. Annuities Revisited 9. Bonds Revisited 10. Portfolios Revisited