# OpenStax CNX

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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: Copyright Holders: Maintainers: 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 Changes: `initial Connexionized version` Version: 1.1 Dec 12, 2008 5:28 pm -0600 by Changes: `none`

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## How to Cite and Attribute This Content

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### American Chemical Society (ACS) Style Guide:

Sekhon, R. Mathematics of Finance, OpenStax-CNX Web site. http://cnx.org/content/m18905/1.2/, Jul 14, 2011.

### American Medical Assocation (AMA) Manual of Style:

Sekhon R. Mathematics of Finance [OpenStax-CNX Web site]. July 14, 2011. Available at: http://cnx.org/content/m18905/1.2/.

### American Psychological Assocation (APA) Publication Manual:

Sekhon, R. (2011, July 14). Mathematics of Finance. Retrieved from the OpenStax-CNX Web site: http://cnx.org/content/m18905/1.2/

### Chicago Manual of Style (Bibliography):

Sekhon, Rupinder. "Mathematics of Finance." OpenStax-CNX. July 14, 2011. http://cnx.org/content/m18905/1.2/.

### Chicago Manual of Style (Note):

Rupinder Sekhon, "Mathematics of Finance," OpenStax-CNX, July 14, 2011, http://cnx.org/content/m18905/1.2/.

### Chicago Manual of Style (Reference, in Author-Date style):

Sekhon, R. 2011. Mathematics of Finance. OpenStax-CNX, July 14, 2011. http://cnx.org/content/m18905/1.2/.

### Modern Languages Association (MLA) Style Manual:

Sekhon, Rupinder. Mathematics of Finance. OpenStax-CNX. 14 July 2011 <http://cnx.org/content/m18905/1.2/>.