Quantitative Analysis For Business : The Time Value of Money and Basic Business Statistics Using a Business Calculator (Spiral-bound)

~ Gene Wright (Author)

Editorial Reviews

Product Description

This is a textbook the author wrote after teaching business math for over 15 years and is presently used in his sophomore level Quantitative Analysis for Business class at a local university.

The text covers two broad areas of math application to business problems: the time value of money and an introduction to basic statistics.

The book uses three commonly available business calculators - the HP-10B, the HP-12C, and the TI BAII Plus Advanced Business Analyst. However, the approaches used (and even many of the key presses) would work with any business calculator or programmable calculator running a Time Value of money program.

Chapters included: Simple Interest, Compound Interest, More Compound Interest Topics, Annuities, More Annuity Topics, Special Annuities, Cash Flow Analysis, Data Collection and Presentation, Central Tendency and Dispersion, Basic Probability Concepts, Probability Distributions, and Correlation and Linear Regression.

It's written so that someone could sit down, read it, and have it seem as if the author were sitting there beside them, explaining the topic being covered. It is written using a very conversational style.

This book is a great help to anyone studying for the CFA (chartered financial analyst) exam or who desires to learn how to use their financial calculator effectively.

This is the second edition with many improvements over the previous edition.

About the Author

Gene Wright has been teaching business math to college students for over 15 years. He is a graduate of Vanderbilt University's Owen School of Management with an MBA in Finance. He has worked for Arthur Andersen designing financial systems, for a hospital management company designing a flexible budgeting system, for an actuary designing pension termination and defined contribution systems, for a large insurance company as an internal consultant to senior management, and now works for Ford Credit. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Spiral-bound: 274 pages
• Publisher: Wilson/Barnett Publishing (July 1, 2000)
• ISBN-10: 1888840196
• ISBN-13: 978-1888840193
• Average Customer Review: 5.0 out of 5 stars  See all reviews (7 customer reviews)
• Amazon.com Sales Rank: #5,207,144 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

5.0 out of 5 stars What a wonderful book!, December 15, 2000

By	Kevin Cecil (USA) - See all my reviews

I knew next to nothing about interest and statistics before reading this book. Mr. Wright has written this book in a very readable, conversational style. As I sat reading it with my trusty business calculator nearby, it felt as if he were sitting across from me explaining things just for me. The text even anticipated many of my questions!

The book begins with little or no assumptions about your exposure to math. It starts with simple interest and how to solve simple formulas. I like the way it presents how to do this with three different calculators. Each chapter built upon the previous chapters so that I grew more confident with each page. Mr. Wright's attempts at humor usually work, which is not what I ordinarily find in books written at a textbook market. In fact, if you are thinking back to how your textbooks used to be, then you are in for a surprise - you really won't mind reading this one! This is not your Daddy's textbook!

This text has a huge number of examples that are worked out in the chapters themselves and then lots of problems afterward.

The statistics portion was also very helpful. I've never been very good at statistics but learned quite a lot from the approach used in this book.

I now know how to calculate house payments, how long it will take to pay off my car, the probability of getting certain poker hands, and the difference between correlation and causation. Wow!

I recommend this book hands down to anyone who wants to understand the math of business and beginning statistics.

5 of 5 people found the following review helpful:

5.0 out of 5 stars Common-sense approach, January 29, 2003

By	Karen A Luster (Nashville TN) - See all my reviews

This review is from: Quantitative Analysis For Business: The Time Value of Money and Basic Business Statistics Using a Business Calculator, 3rd Edition (Spiral-bound)

This textbook is not written in the usual stale educational style. The author uses an approach to teaching that's designed to not intimidate the student; it's an "easy read." The examples (and calculator keystrokes)can be followed easily; it's almost like having the instructor there with you. This is a textbook I will keep since I've referred back to it not just in my work, but in my personal life as well when planning mortgage & other payments. I highly recommend it.

5 of 5 people found the following review helpful:

5.0 out of 5 stars quantitative analysis for business: the time value of money, December 15, 2000

By	michael franklin (nashville, tn United States) - See all my reviews

First I would say that I was a user of this test book. This book was a very user friendly tool. The text is written with the student in mind.

The text book is very easy to read and follow. Gene has taken particular care in useful examples. The examples are used to show different ways to solve problems.

The calculator tips enhance the text. Knowing how to relate the function buttons to the problems brings about a quicker understanding. This text is geared for the student who has had very little exposure to TVM, but can pick it up quickly.

This text gives a great foundation to finance and the tools needed to further that learning. I highly recommend this text.