Description

Business Mathematics

The book introduces the basics in business mathematics utilised for pricing of financial derivates. It is aimed at providing a basic understanding of the mathematical ideas and technical tools used in modelling. It also helps to develop logical reasoning and analytical abilities required to be a successful business manager.

Components

Some of the topics covered under business mathematics are:

1. Derivative and it’s application
2. Second Order Derivative
3. Matrix Algebra
4. Simple Interest & Compound Interest
5. Annuity

Objectives

We have tried to discuss the said topics in a simple language. Review exercises at the end of each chapter and multiple-choice questions along with answers.We hope this would help the students in their preparations for examinations.

Suggestions and feedback from the teaching fraternity and the students are earnestly solicited and will be highly appreciated to improve further the quality of this book.