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About: Mathematics of Finance

Module by: Rupinder Sekhon. E-mail the author

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Name: Mathematics of Finance
ID: m18905
Language: English (en)
Summary: This chapter covers principles of finance. After completing this chapter students should be able to: solve financial problems that involve simple interest; solve problems involving compound interest; find the future value of an annuity; find the amount of payments to a sinking fund; find the present value of an annuity; and find an installment payment on a loan.
Subject: Mathematics and Statistics
Keywords: annuities, compound interest, finances, loan payments, simple interest, sinking funds
License: Creative Commons Attribution License CC-BY 3.0

Authors: Rupinder Sekhon (
Copyright Holders: Rupinder Sekhon (
Maintainers: Judy Baker (, UniqU, LLC (, Connexions (

Latest version: 1.2 (history)
First publication date: Dec 12, 2008 2:31 pm -0600
Last revision to module: Jul 14, 2011 5:37 pm -0500


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Version History

Version: 1.2 Jul 14, 2011 5:37 pm -0500 by Collins Williamson
initial Connexionized version

Version: 1.1 Dec 12, 2008 5:28 pm -0600 by Judy Baker

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American Chemical Society (ACS) Style Guide:

Sekhon, R. Mathematics of Finance, OpenStax-CNX Web site., Jul 14, 2011.

American Medical Assocation (AMA) Manual of Style:

Sekhon R. Mathematics of Finance [OpenStax-CNX Web site]. July 14, 2011. Available at:

American Psychological Assocation (APA) Publication Manual:

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Chicago Manual of Style (Bibliography):

Sekhon, Rupinder. "Mathematics of Finance." OpenStax-CNX. July 14, 2011.

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Rupinder Sekhon, "Mathematics of Finance," OpenStax-CNX, July 14, 2011,

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Sekhon, R. 2011. Mathematics of Finance. OpenStax-CNX, July 14, 2011.

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Sekhon, Rupinder. Mathematics of Finance. OpenStax-CNX. 14 July 2011 <>.