Financial, Commercial, and Mortgage Mathematics and Their Applications Ed 2

Free Download Arun J. Prakash, "Financial, Commercial, and Mortgage Mathematics and Their Applications Ed 2"
English | ISBN: 1440830932 | 2014 | 456 pages | EPUB | 18 MB
An updated and expanded version of the time-honored classic text on financial math, this book provides, in one place, a complete and practical treatment of the four primary venues for finance: commercial lending, financial formulas, mortgage lending, and resource allocation or capital budgeting techniques. With an emphasis on understanding the principles involved rather than blind reliance on formulas, the book provides rigorous and thorough explanations of the mathematical calculations used in determining the time value of money, valuation of loans by commercial banks, valuation of mortgages, and the cost of capital and capital budgeting techniques for single as well as mutually exclusive projects.