Contemporary Mathematics

OpenStax peer-reviewed open textbook.

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Concepts this teaches

• Budget primary p. 600 14 fact-checked sentence(s) in the drafted guide cite this page, e.g. “A budget is an estimation of income and expenses over some period of time.”
• Interest primary p. 576 9 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Concretely: borrow $4,000 at 5.5% for four years under simple interest and the cost of the loan is $880, makin”
• Put–call parity primary p. 622 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Bonds are issued by large companies and by governments, and are bought at what is known as the issue price.”
• Covariance and correlation reference p. 936 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Across colleges, 75th-percentile SAT math and verbal scores correlate at 0.92, but raising math scores does no”
• Compound interest reference p. 589 3 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Accounts offering compound interest pay interest at regular intervals, and after each interval that interest i”
• Interest reference p. 589 2 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Accounts offering compound interest pay at regular intervals, and after each interval the interest is added to”
• Expected value reference p. 811 3 fact-checked sentence(s) in the drafted guide cite this page, e.g. “Expected values can always be treated as a special kind of mean called a weighted mean, where the weights are ”