Guide to business mathematics

1. Introduction to Number Theory 2. Algebra. 3. Sets, Relations and Functions 4. Sequences, Series and Permutations and Combinations. 5. Simple Interest and Applications 6. Compound Interest and Applications 7. Banking and Financial Services. 8. Trade Discounts and Pricing 9. Statistics. 10. Probability Theory. 11. The Insurance Industry 12. Data Science and Data Analytics. 13. Business Metrics and Problem Solving 14. Matrix Theory 15. Operations Research. 16. Basic Financial Statements. . 17. Calculus I 18. Calculus II. 19. A Brief Introduction to Economics. 20. Software to support Business Mathematics.

This book offers an accessible introduction to essential mathematics for the business field. A wide selection of topics is discussed with the mathematical material presented in a reader-friendly way. The business context motivates the presentation. The author uses modelling and applications to motivate the material, demonstrating how mathematics is used in the financial sector. In addition to the role of the actuary and the banker, the book covers operations research including game theory, trade discounts, and the fundamentals of statistics and probability. The book is also a guide to using metrics to manage and measure performance, and business economics. Foundations on algebra, number theory, sequences and series, matrix theory, and calculus are included as is a complete chapter on using software. Features: Discusses simple interest and its application to promissory notes/treasury bills. Discusses compound interest with applications to present and future values. Introduces the banking field including loans, annuities, and the spot/forward FX market. Discusses trade discounts and markups/markdowns Introduces the insurance field and the role of the actuary Introduces the fields of data analytics and operations research Discusses business metrics and problem solving Introduces matrices and their applications Discusses calculus and its applications Discusses basic financial statements such as balance sheet, profit and loss and cash account. Reviews a selection of software to support business mathematics .