PRACTICAL COURSE IN FINANCIAL MATHEMATICS

Practical Course in Financial Mathematics is a hands-on textbook for students who want to understand financial mathematics without getting lost in abstract formulas. The book begins with the Spanish financial system and then moves gradually through the time value of money, simple and compound interest, annuities, investment appraisal, loans, bonds, Treasury bills, and financial functions in Excel. Each chapter combines clear explanations, warm-up questions, practical examples, exercises, multiple-choice tests, and fully worked solutions. The focus is on learning by doing. Students are guided through common financial problems such as calculating interest, comparing financing alternatives, valuing loans and bonds, understanding inflation, and using Excel to solve financial operations. The book is designed for undergraduate students in finance, business, economics, and related degrees. It can also be useful for anyone who needs a structured and practical introduction to the financial logic behind everyday decisions involving money, time, risk, and return.