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###-Book Description Begin-###
By (author) Nicole Ibbett
Format Paperback | 180 pages
Publication date 25 May 2012
Publisher Cengage Learning Australia
Publication City/Country South Melbourne, Australia
Edition New edition
Edition statement New edition
ISBN10 0170215695
ISBN13 9780170215695
Financial Mathematics for Decision Making 1st edition is designed to provide students with little, or no, previous exposure to finance or financial calculations with the skills necessary to make practical financial decisions,. Using a six step problem solving framework students learn to: 1. Identify the decision to be made (or problem to be solved) 2. Identify formula (or formulae) to be used 3. Summarise the available information 4. Create an equation 5. Solve the equation 6. Use the solution to justify the decision made (or to answer the problem)