Re: Need math book recommendations - Posted by Richard(WA)
Posted by Richard(WA) on February 25, 2001 at 18:21:17:
Hmmm…Years back I wanted to know that stuff too. So what I did was go to the big downtown public library and I asked the librarian where I could find a book that has the mathematical formula for amortization and such. She had to do a bit of thinking, then pointed me to their reference section–they had some biiiig books of amortization tables–kinda the size of the Unabridged Oxford Dictionary. Turns out that in addition to the amortization tables, the book had a short section showing how they calculated all the tables–even showing the formulas for present value, future value, amortization, all that stuff. I just photocopied those few pages and that was exactly what I needed.
Another time, a friend gave me a business calculator, free. Only problem was it didn’t come with no manual, so I was kinda stumped on how to work the thing. So I called around some used bookstores and one of them had a book on how to operate financial calculators–one of those books was just what I needed.
You could probably also find the formulas you need on a web site somewhere, if you do a web search, using a search term like “amortization formula”, “PV formula”, and so on. There’s also a website, www.askjeeves.com that specializes in answering all kinds of questions. It might lead you to the info you’re looking for.
Hope this helps.