The Definitive Guide to Business Finance: What smart managers do with the numbers, Second Edition
by Richard Stutely
Investment arithmetic
This chapter is about the arithmetic of finance and investment. I hope this excites you. If instead it makes you feel nervous, let me reassure you. Talk of percentages, compound growth rates and discount rates might seem terrifying to some, but, if so, blame the educational system. These are actually simple concepts and they have the delight of being unarguable – back to one apple plus one apple is indubitably two apples. Moreover, the concepts presented here are the key to understanding investments. And who does not want to make one apple into ten apples or more.
Actually, if there is one theme for this chapter it is relationships – such as the relationships between:
proportions and percentages
growth and interest rates ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access