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.

–Richard(WA)