Customer Reviews

Introduction to Financial Math using the HP 17B/19B calculator

5 star:		(4)
4 star:		(1)
3 star:		(0)
2 star:		(0)
1 star:		(1)

 

 

Introduction to Financial Math is probably one of the best written, easy to understand, and fun to read math textbook out there! Four years ago, I joined an investment bank and was required to review the Adkins & Matchett's Financial Business Box. Having come from a non quant background, I was quite nervous. This book definitely put me on ease! It's easy to understand, has tons of problem sets, and most importantly isn't boring to read (when was the last time you read that about a math book?)

Now, I am going to Business School and will review all this material again. Without question, this book provides you with all the necessary tools needed in finance.

This would be a good book for new people to the world of finance.
One user wrote that the 17BII and the 19BII are not financial calculators, he is really wrong, and should contact Hewlett Packard if he thinks that the 2 calculators are not financial calculators.

Back to the book, if you are new to world of finance or just taking an into class, this book would be a very helpful learning tool.

Solid intro to capital markets financial math - fun to do and lighthearted.

An excellent book for anyone who is serious to understand the financial math. A good illustrative account of the math behind every day finance. A definite but for the serious financial economics student.

We have been very pleased with our HP 17B and the book by Norman Toy. It is a great addition to any financial office. We like it.

This book does not adequately differentiate between ordinary and exact simple interest rates, ordinary and annuity due applications, and does not explain the important applications of the internal rate of return(IRR) method. In fact the IRR is very important and is used by such popular software as Quicken. The applications presented in this book of financial math are limited mostly to bonds. Readers interested in personal applications such as stocks, home mortgages, insurance, income tax, inflation, consumer credit and loans, income taxes, and retirement analyses, etc. would find little use for this book.

Anyone serious about learnig finanal math and its applications should look elsewhere. The book is written for professionals in the financial industry, but they certainly would not learn anything from this simplistic book.

Also the HP-12C financial calculator is considered the standard for the industry. I cannot find a HP-19B, and the HP 17-B I found does not even have financial functions on it.