University Business Math Mathematics of Finance — Unit Notes
Every definition and theorem this unit expects you to know, stated once each and written to be revised from: 6 definitions and 6 theorems, 7 worked examples, 2 diagrams, in 14 printable pages. This page lists what the notes cover. The notes themselves come with the University Business Math bundle.
Unit notes — in the bundle
Not sold separately. The practice worksheet for this unit is free, with no email and no account.
Mathematics of Finance — what the notes cover
8 sections, in the order the unit is taught. Each entry below is the title of a definition or a theorem the notes state in full.
What you need
Also in this section: 1 note on method and common errors.
Arithmetic and geometric sequences
- Definition — The two kinds of sequence
- Theorem — Sum of the first n terms
Also in this section: 1 worked example, 1 note on method and common errors.
Simple interest and maturity value
- Definition — Simple interest
Also in this section: 1 worked example, 1 note on method and common errors.
Compound interest and future value
- Theorem — Compound amount
Also in this section: 1 worked example, 1 note on method and common errors.
Present value and the effective annual rate
- Definition — Present value at compound interest
- Definition — Effective annual rate
Also in this section: 1 worked example, 1 note on method and common errors, 1 diagram.
Continuous compounding, and solving for time or rate
- Theorem — Continuous compounding
- Theorem — Solving for the time or the rate
Also in this section: 1 worked example, 1 note on method and common errors.
Future value of an annuity and sinking funds
- Definition — Ordinary annuity
- Theorem — Future value of an ordinary annuity
Also in this section: 1 worked example, 1 note on method and common errors, 1 diagram.
Present value of an annuity and loan amortization
- Theorem — Present value of an ordinary annuity
- Definition — Amortization and the outstanding balance
Also in this section: 1 worked example, 1 note on method and common errors.
Where the notes are
The notes are one of the documents in the University Business Math Solutions Bundle, beside the unit test, the challenge problems and every worked answer key. The Mathematics of Finance practice worksheet is free and stays free.
Every University Business Math topic — the complete Solutions Bundle
One download, one payment, the whole program. For all 9 University Business Math units: the worksheet, the reference notes, the challenge set, the unit test and every answer key — these notes included.
- Worked solutions, not answer lists — every step written out
- Covers the whole year's program at this level
- Less than the price of one hour of tutoring — for the entire year's solutions
Practise it, then test yourself
Notes on their own do not make anything stick. This unit has a free, printable practice worksheet, and an end-of-unit test that comes with the bundle.
Mathematics of Finance practice worksheet About the Mathematics of Finance unit test