Financial mathematics for everyone

The book explains the basic mathematical procedures associated with the most important financial products and instruments. The main advantages are the brevity and conciseness of the book. This allows the reader to understand financial mathematics without having to spend too much time studying. It is a reliable guide for both beginners who want to get acquainted with basic financial calculations and for more advanced ones looking for explanations of more complex financial and mathematical procedures. The first part of the book explains mathematical methods and procedures used in finance, the second part focuses on their specific application to all important banking and financial products (e.g. current accounts, savings, mortgage loans, consumer loans, bill of exchange transactions, factoring and forfaiting, Bonds, Actions, foreign exchange transactions, financial futures). The interpretation, demonstrated by a number of concrete examples, will allow easy practical application in both financial decision-making in business and in the management of private finances.