Changes from Adapted Sources

This book is an adaptation of three open resources:

The following is a summary of changes that were made in this version:

Overall
  • Book reformatted for Pressbooks where applicable.
  • Chapters were moved, combined, or separated as required.
  • Sub-chapters were moved, combined, or separated as required.
  • Latex code updated throughout.
  • Added learning objectives at the start of every sub-chapter.
  • Revised and updated chapter and sub-chapter titles throughout.
  • Revised, rewrote, and updated content throughout.
  • Replaced most by-hand solutions with financial calculator solutions.
  • Added additional images and videos.
  • Added exercises at the end of each sub-chapter, with unnecessary exercises removed.
  • Added answers to each question in exercise section at end of each sub-chapter.
  • Removed Concept Checks and H5P activities.
  • Removed Chapter Exercises Solutions and Test Bank chapters from end of book.
Chapter 1:  Mathematics of Merchandising
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Added sub-chapter on invoices from Accounting Applications chapter.
Chapter 2: Cost-Volume-Profit Analysis
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Separated and reorganized content in sections on Cost-Volume-Net Income Analysis and Break-Even Analysis into several different sub-chapters.
Chapter 3:  Simple Interest and Its Applications
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Added calculator demonstration videos.
Chapter 4: Compound Interest
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Replaced most manual calculations with calculator-only solutions.
  • Added calculator demonstration videos.
Chapter 5: Annuities
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Replaced most manual calculations with calculator-only solutions.
  • Added calculator demonstration videos.
  • Added sub-chapters on deferred annuities and perpetuities from Applications of Annuities chapter.
Chapter 6: Loans and Mortgages
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Replaced most manual calculations with calculator-only solutions.
  • Added calculator demonstration videos.
  • Added content on mortgage pre-payment options.
Chapter 7: Bonds and Sinking Funds
  • Removed some content, images, and examples as required.
  • Added some additional content, examples, and exercises.
  • Replaced most manual calculations with calculator-only solutions.
  • Added calculator demonstration videos.
  • Separated section on Determining the Value of a Bond into several sub-chapters.
  • Added content on quoted price of a bond.
Chapter 8:  Business Investment Decisions
  • Removed some content, images, and examples as required.
  • Added some additional examples and exercises.
  • Replaced most manual calculations with calculator-only solutions.
  • Added calculator demonstration videos.

MathJax

All mathematical notation was written in LaTeX to allow for MathJax functionality.

Please note that “some screen readers support MathML, MathJax’s internal format. Screen readers like ChromeVox, JAWS (on IE), and TextHelp support MathJax directly (most only version 2); other screen readers are supported by the assistive-mml extension as of version 3.0.1.” (MathJax Consortium, 2021). It is important to also note that the quality of screen reader support varies greatly with the software you are using and the various settings enabled. For more information on MathJax and screen reader support please visit the MathJax Consortium Accessibility Features page.

License

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Business and Financial Mathematics Copyright © 2022 by Valerie Watts is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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