Mathematical Interest Theory, by Leslie Jane Federer Vaaler and James Daniel, gives students an introduction of how investments grow over time. This textbook is written for anyone who has a strong high school algebra background and is interested in being an informed borrower or investor. The content is suitable for a mid-level or upper-level undergraduate course or a beginner graduate course. Through partnership with the
Mathematical Association of America, WebAssign is pleased to offer online question content with instant feedback from this title. All questions include reading links to the eBook for an integrated student experience.
Question 1 is a multi-part question that has a student find an equation of value, then use that equation to calculate dollar-weighted annual yields.
Questions 2 and 10 utilize the calcPad so students can easily enter any correct form of the complicated functions.
Question 3 gives the student the option to enter more than one interest rate in the case that there are multiple correct answers. Note that this particular question has only one correct answer.
Question 4 is a multi-part question that ultimately has a student find equations for the nominal discount rate.
Questions 5 and 7 require calculus knowledge to answer correctly.
Question 9 steps a student through an alternate proof for the given formula.
View the complete list of WebAssign questions available for this textbook.