Tag Archives: Bond Math Puzzle

Puzzle #8: James Bond

Few know that a scene was cut from the James Bond movie Goldfinger.  Bond has been captured by Goldfinger and is strapped tightly to a large turntable.  Bond’s feet are at the center of the platter and his head rests … Continue reading

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Puzzle #6: Treasury Debt

Last week was historic for U.S. Treasury debt.  The yield on the 10-year Treasury dipped below 1.44% to its lowest level ever, and the total debt held by the public* rose to $11,006,251,094,374.26. Some might argue that $11 trillion in public … Continue reading

Posted in Bonds, Economics, Fun, Math | Tagged , , , , | 8 Comments

Puzzle #4: Bond Pricing

Here’s another puzzle I’ve used to teach bond math. It’s not hard, but it requires some understanding of bond concepts that I will explain as we go (I beg the patience of bond mavens). Suppose you are the financial advisor … Continue reading

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Puzzle #3: Mortgage with Balloon

Puzzle #1 posed the question: given a $100,000 mortgage at 5% with monthly payments of $536.82 for 30 years, what is the average life of the principal payments? The puzzle was to be solved with just a few simple calculations. … Continue reading

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Puzzle #1: Epilogue

Puzzle #1 posed the question: given a $100,000 mortgage at 5% with monthly payments of $536.82 for 30 years, what is the average life of the principal payments? The puzzle was to be solved with just a few simple calculations. … Continue reading

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Answer to Puzzle #1

The answer to Puzzle #1 is now visible as a comment from Ron Page under the original post. Ron has provided the only correct answer so far (he’s missing a pair of parentheses, but it’s clear what he means). His … Continue reading

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Clue for Puzzle #1

For anyone who needs a little help with Puzzle #1, I placed a clue in a comment to this post. Other Posts on Puzzle #1: Puzzle #1, Answer to Puzzle #1, Puzzle #1: Epilogue Other Puzzles: Puzzle #2, Puzzle #3, … Continue reading

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Puzzle #1: Mortgage Average Life

Here is the first in a series of puzzles that might have something to do with finance or math. The first to respond with a correct answer will be recognized in The Well-Tempered Spreadsheet Hall of Really Smart People. First, … Continue reading

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