Embark on a captivating journey through the world of mathematics for business applications with "Mathematics of Money," a groundbreaking learning resource that revolutionizes the way we teach and learn math. This narrative-style book encourages collaboration and sparks meaningful conversations, making it ideal for both instructors and students seeking a modern, accessible approach to understanding mathematical concepts.
The true essence of "Mathematics of Money" lies in its ability to engage learners in a mathematical odyssey, guiding them from basic fractions and decimals to functions and relationships between quantities using real-world data. Gain practical skills using spreadsheets with the help of author-created video lessons and explore the world of finance with applications such as supply and demand, input-output analysis, credit, depreciation, loans, savings, amortization, annuities, and cost/revenue.
As readers progress from one chapter to the next, and with practice and perseverance they close out their learning journey with an introduction to the concept of the derivative in an informal, accessible, and true-to-the-discipline manner. Through careful presentation of concepts, the learner will be able to optimize revenue or profit in real-world scenarios. The text is designed for use in a college elective in Business or Financial Math but should also appeal to the intellectually curious person wanting to expand their quantitative reasoning skills.