: The Theory of Interest () by Stephen Kellison and a great selection of similar New, Used and Collectible Books available now at. The theory of interest (Book). Book Cover. Author: Kellison, Stephen G. Published : Homewood, IL: Irwin, []. Format: Book. Edition: 2nd ed. Physical Desc. S. G. Kellison, “The Theory of Interest,” 2nd Edition, Homewood, Irwin, has been cited by the following article: TITLE: Discrete Time Markov Reward.

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Return to Book Page. Getting a copy that was in good versus new condition was ok as it dropped the price and notes in the margin helped me understand the material. Aty Rachmawati rated it it was amazing Nov 23, The book flows like water, though intfrest 4 section 4. Most helpful customer reviews on Amazon. Prabath Wijerathne rated it it was amazing Nov 04, Want to Read saving….

Every topic should start with some sort of motivating example. Thanks for telling us about the problem. Feb 20, Simon Lee rated it it was amazing. See all free Kindle reading apps. Lists with This Book. It’s one thing to leave out details for the readers to fill in for themselves when proving certain results in, say, Chapter 5 of a chapter book.

The theory presented within is mathematically sound. Write a product review. To get the free app, enter mobile phone number. The text covers the basic mathematical theory of if as traditionally developed. Visit our Help Pages.

John rated it really liked it Feb 08, Pete rated it it was ok Aug 02, To see what your friends thought of this book, please sign up. Mike McCormick rated it liked it Apr 25, See our Returns Policy. It certainly to me makes it obvious where “linear” in linear interpolation comes from. No trivia or quizzes yet. Choyyantsun rated it liked it Jan 08, The solutions are not intuitive and are just unexplained shortcuts.


I am a mathematician, and have no complaints about the mathematics in the book. The book is a thorough treatment of the mathematical theory and practical applications of compound interest, or mathematics of finance. Hardcoverpages. The third edition of The Theory of Interest is significantly revised and expanded from previous editions.

However, for beginners, this book does a poor job of presenting the theory of interest. Peter rated it did not like it Sep 20, I took Exam FM recently and this is the only text i refered to, and i felt that my preparation was rather complete thanks to a reading of the syllabus material.

Stephen Kellison Theory of Interest 3e

Just a moment while we sign you in to your Goodreads account. Trivia About Theory of Interest. Given that the theory of interest has myriad applications, I tueory it difficult to understand why the author chose not to use a single example of why a particular topic is relevant to the real world. This book is not yet featured on Listopia.

The author introduces terms that “is not intuitively clear” e. Then you can start reading Kindle books on your smartphone, tablet, or computer – no Kindle device required.

The Theory Of Interest, 2nd Edition by Kellison, Stephen G

David rated it really liked it Oct 08, Shortcuts and tricks don’t make up for good examples. Aishie Yheen rated it it was amazing Jan 21, Atif Ali rated it liked it Feb 25, Had the author actually presented a few examples using different periods such as a year vs. Sometimes the mathematical explanations could have been made simpler.


That is, proofs and solutions should spell out all the details not only for clarity, but pedagogically readers also have a reference on which they can base their own solutions or proofs.

Open Preview See a Problem? The third edition has considerable updates that make this book relevant to students in this course area. I would recommend that they refrain from doing so as this text is lucid, the exercises are quite comprehensive, and above all, the occasional examples are rather identical to the problems one can anticipate on the test. Amazon Prime Music Stream millions of songs, ad-free.

Rehan rated it really liked it May 13, However, the presentation was found wanting. Bjarki Benjaminsson rated it it was amazing Jan 30, Audible Download Audio Books. Would you like to tell us about a lower price? Financial Math attempt to side step the reading of this over priced textbook and substitute it with study aides and other cram books.