A tolerant group of relatives and friends helped me to interpret various published documents about different financial instrument rules’ calculations and then read my drafts and commented on whether or not I was explaining things more clearly. This group includes my wife Suzanna, my daughter and son-in-law Gillian and Aaron Madsen, and my friends Mel Slater and Chip Shanley.
Susanne Steitz-Filler at John Wiley and Sons has been patient and helpful as the structure of this book evolved from my original ideas.
I thank you all.
List of Abbreviations
Int or INT
Tot or TOT Vol
Average Daily Balance Annual Percentage Rate Adjustable Rate Mortgage Automatic Teller Machine Certificate of Deposit Compoundings Corrected Cost of Living Daily Balance
Effective Annual Percentage Rate
Home Energy Conversion Mortgage
(Department of) Housing and Urban Development
Immediate Annuity with Period Certain
I Owe You (a promissory note)
Individual Retirement Account Month
Nominal Annual Percentage Rate—same as APR Number
Number of Payments
(U. S.) Securities and Exchange Commission
Single Employer Pension
Volume (number of shares traded in a given time)