A Spiral Approach to Financial Mathematics - 1st Edition - ISBN: 9780128015803

A Spiral Approach to Financial Mathematics

1st Edition

Authors: Nathan Tintle Nathan Schelhaas Todd Swanson
Paperback ISBN: 9780128015803
Imprint: Academic Press
Published Date: 1st June 2018
Page Count: 752
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Emphasizing financial mathematics literacy, A Spiral Approach to Financial Mathematics uses a spiral technique that foregrounds an intuitive analysis of data and financial situations. It introduces major financial concepts through real data from real financial situations, integrating expositions and examples with Excel spreadsheets and BA-II PLUS calculator instructions. Organized so sections can be read independently of each other, its table of contents introduces major financial concepts early, then revisits them to maximize exposure and increase retention. Combining interest theory and financial economics in a single volume, progressively presenting connections between the two, A Spiral Approach to  Financial Mathematics offers a modern approach that eliminates stultifying and time-consuming calculation without underestimating the ability of readers or impairing their understanding of the material.

Key Features

  • Covers FM Exam topics
  • Includes Excel spreadsheets that enable the execution of financial transactions
  • Presents a spiral, active learning pedagogical strategy that accentuates key concepts and reinforces intuitive learning


Upper-division undergraduates worldwide seeking an introduction to financial mathematics with a professional goal of actuarial studies; professionals and others who want to learn interest theory and financial economics

Table of Contents

1. Savings: Fundamentals of Interest
2. Loans: Fundamentals of Borrowing and Lending
3. Annuities: Fundamentals of Regular Payments
4. Stocks and Bonds: Fundamentals of Investment Strategies
5. Portfolios: Fundamentals of Collections of Assets and Liabilities
6. Savings: Revisited
7. Loans: Revisited
8. Annuities: Revisited
9. Bonds: Revisited
10. Portfolios: Revisited


No. of pages:
© Academic Press 2018
Academic Press
Paperback ISBN:

About the Author

Nathan Tintle

Nathan Tintle has authored other textbooks in statistics, as well as having published a wide variety of journal publications in biostatistics, genetic epidemiology, psychology, and statistics education. He initiated new programs at Actuarial Science at two institutions and has been teaching financial mathematics for over 12 years. Among other honors, he was the 2013 winner of the Waller Statistics Education Award and the 2017 winner of the Robert Hogg award for Excellence in Teaching Introductory Statistics. His first book, with co-author Todd Swanson, “Introduction to Statistical Investigations,” won the award for the 2017 Most Promising New Textbook of year from the Textbook and Academic Authors Association.

Affiliations and Expertise

Department of Mathematics and Statistics, Dordt College, Sioux Center, IA, USA

Nathan Schelhaas

Nate Schelhaas is a Fellow of the Society of Actuaries and Member of the American Academy of Actuaries who works for Principal Financial Group in Des Moines, IA. In his 20+ year career, Nate has held various positions with Principal. He currently serves as the chief actuary for the individual life operations. From 2009 – 2011 Nate oversaw the actuarial training program at Principal where he was responsible for helping actuarial students navigate the exam system and their careers.

Affiliations and Expertise

Principal Financial Group, Des Moines, IA, USA

Todd Swanson

Todd Swanson is a member of the mathematics department at Hope College in Holland, Michigan, where he's been teaching since 1989. He predominantly teaches introductory courses in mathematics and statistics, and has coauthored six textbooks. Prof. Swanson has presented at numerous national meetings, workshops and mini-courses on innovative ways to teach mathematics and statistics that focus on guided-discovery methods and projects. He has received awards for teaching, writing, and mentoring students and his work has been funded by the National Science Foundation, the Great Lakes College Association, the Howard Hughes Medical Institute, the Teagle Foundation, and Hope College.

Affiliations and Expertise

Hope College, Holland, Michigan, USA

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