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Supplemental Problem Sets

Understanding the Mathematics of Personal Finance

These problems and solutions supplement those in the book. The designation S2.1, for example, will mean “the first supplemental problem related to the material in chapter 2.” Some problems will span the materials of more than one chapter.  I’ll place these in the chapters that seem most appropriate.

The links below will open .pdf (Adobe Acrobat) files containing the problems and solutions. A reader for these files may be downloaded free from the Adobe website.

These links will be updated periodically.

Chapter 2   Compound Interest

Chapter 3   Loans and Savings:  Since mortgage loans are just a special (very common) form of loans, I’ve combined the Loans, Savings and Mortgages problem sets into one group

Chapters 3 and 4   Loans, Savings and Mortgages

Chapter 6.  Credit Cards

Chapter 7   Present Value

Chapter 8   Comparing Loans

Chapter 9  Taxation and Inflation

Chapter 10    Life Insurance