Finite Mathematics: Models and Applications Set [Hardcover]

This set includes Finite Mathematics: Models and Applications & Solutions Manual to accompany Finite Mathematics: Models and Applications

Finite Mathematics: Models and Applications emphasizes cross-disciplinary applications that relate mathematics to everyday life. The book provides a unique combination of practical mathematical applications to illustrate the wide use of mathematics in fields ranging from business, economics, finance, management, operations research, and the life and social sciences.

The book features coverage including: Algebra Skills; Mathematics of Finance; Matrix Algebra; Geometric Solutions; Simplex Methods; Application Models; Set and Probability Relationships; Random Variables and Probability Distributions; Markov Chains; Mathematical Statistics; Enrichment in Finite Mathematics

Preface ix

About the Authors xi

1 Linear Equations and Mathematical Concepts 1

1.1 Solving Linear Equations 2

1.2 Equations of Lines and Their Graphs 7

1.3 Solving Systems of Linear Equations 15

1.4 The Numbers 5 and e 21

1.5 Exponential and Logarithmic Functions 24

1.6 Variation 32

1.7 Unit Conversions and Dimensional Analysis 38

2 Mathematics of Finance 47

2.1 Simple and Compound Interest 47

2.2 Ordinary Annuity 55

2.3 Amortization 59

2.4 Arithmetic and Geometric Sequences 63

3 Matrix Algebra 71

3.1 Matrices 72

3.2 Matrix Notation, Arithmetic, and Augmented Matrices 78

3.3 GaussJordan Eliminl3Æ