Comments on: The Mathematics of Personal Finance: A Complete Reference http://discountpersonalfinancebooks.com/the-mathematics-of-personal-finance-a-complete-reference.html Personal Finance Books, Books on personal Finance, you will find them all here with reviews and comments. Wed, 06 Oct 2010 12:17:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Anonymous http://discountpersonalfinancebooks.com/the-mathematics-of-personal-finance-a-complete-reference.html/comment-page-1#comment-352 Anonymous Thu, 14 Jan 2010 17:03:01 +0000 http://discountpersonalfinancebooks.com/2010/01/the-mathematics-of-personal-finance-a-complete-reference/#comment-352 This book presents a very good basic and detailed understanding of the time value of money mathematics and also shows how to apply the principles to most real life financial applications that one is likely to experience.<p>To me it was an eye opener to see how financial math can be used to analyze most financial functions such as home mortgages, insurance policies, mutual fund rates of return, and consumer loans, as an aid in making important and informed financial decisions. <p>The book is easy to understand and there are many examples to demonstrate the applications. Also it is a good book for self teaching with many examples to work with answers provided to check results.<p>However, it is necessary to understand basic algebra and to have the ability to follow the examples that are quite comprehensive. The author shows how to use a Hewlett-Packard 12C financial calculator to perform the math. For those who can do this it will be quite rewarding. For example there is a method shown on how to easily save a significant amount of interest on one's home mortgage as well as check the progress of a variable interest rate loan if you have one. The book must be studied and the problems worked to get the full benefit. It cannot be read like a novel. Rating: 5 / 5 This book presents a very good basic and detailed understanding of the time value of money mathematics and also shows how to apply the principles to most real life financial applications that one is likely to experience.

To me it was an eye opener to see how financial math can be used to analyze most financial functions such as home mortgages, insurance policies, mutual fund rates of return, and consumer loans, as an aid in making important and informed financial decisions.

The book is easy to understand and there are many examples to demonstrate the applications. Also it is a good book for self teaching with many examples to work with answers provided to check results.

However, it is necessary to understand basic algebra and to have the ability to follow the examples that are quite comprehensive. The author shows how to use a Hewlett-Packard 12C financial calculator to perform the math. For those who can do this it will be quite rewarding. For example there is a method shown on how to easily save a significant amount of interest on one’s home mortgage as well as check the progress of a variable interest rate loan if you have one. The book must be studied and the problems worked to get the full benefit. It cannot be read like a novel.
Rating: 5 / 5

]]> By: California reader http://discountpersonalfinancebooks.com/the-mathematics-of-personal-finance-a-complete-reference.html/comment-page-1#comment-351 California reader Thu, 14 Jan 2010 16:16:17 +0000 http://discountpersonalfinancebooks.com/2010/01/the-mathematics-of-personal-finance-a-complete-reference/#comment-351 Very thorough explanation of the mathematics of personal finance, for those who can tolerate algebra. <br />It has a chapter on annuities with an excellent illustration of the mathematics and taxation of annuties. The author commits one error in that he does not correctly define an ordinary annuity and an annuity due. But one can find those definitions on the internet. If you need to understand the mathematics of mortgages and annuities, this is a worthwhile purchase. Rating: 4 / 5 Very thorough explanation of the mathematics of personal finance, for those who can tolerate algebra.

It has a chapter on annuities with an excellent illustration of the mathematics and taxation of annuties. The author commits one error in that he does not correctly define an ordinary annuity and an annuity due. But one can find those definitions on the internet. If you need to understand the mathematics of mortgages and annuities, this is a worthwhile purchase.
Rating: 4 / 5

]]> By: Anonymous http://discountpersonalfinancebooks.com/the-mathematics-of-personal-finance-a-complete-reference.html/comment-page-1#comment-350 Anonymous Thu, 14 Jan 2010 13:41:30 +0000 http://discountpersonalfinancebooks.com/2010/01/the-mathematics-of-personal-finance-a-complete-reference/#comment-350 This helped me understand interest rate and how to analyze my personal finances and those of my small business. Rating: 5 / 5 This helped me understand interest rate and how to analyze my personal finances and those of my small business.
Rating: 5 / 5

]]> By: Anonymous http://discountpersonalfinancebooks.com/the-mathematics-of-personal-finance-a-complete-reference.html/comment-page-1#comment-349 Anonymous Thu, 14 Jan 2010 13:06:42 +0000 http://discountpersonalfinancebooks.com/2010/01/the-mathematics-of-personal-finance-a-complete-reference/#comment-349 This helped me understand interest rate and how to analyze my personal finances and those of my small business. Rating: 5 / 5 This helped me understand interest rate and how to analyze my personal finances and those of my small business.
Rating: 5 / 5

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