MIAMI, March 4, 2011 /PRNewswire/ -- If there is one word that sums up our economic woes, it is interest. There's interest on credit card balances, student loans, car loans, home mortgages, corporate borrowings and most prominently, on state and national debt. But there is surprisingly little interest in this interest. We all pay it. But not many of us really understand how it works.
Dr. Iris Mack has filled the gap - and for young consumers. Her financial literacy book Mama Says, "Money Doesn't Grow on Trees!" is focused on teaching students that math can be fun and key to understanding money and interest. This popular book for teens and young adults has been reissued in eBook format. Here is a book video trailer for Dr. Mack's financial literacy book.
"I think the work you do showing how math can be beautiful and practical is great, keep it up!" says Javier Tordable, Senior Software Engineer at Google.
"Making math fun and relevant is a real public service. Iris Mack has created a group of characters and scenarios that will draw young people into the fold of knowledge," says Karen Pritzker - Producer of The My Hero Project and Editor of The Yale Center for Dyslexia & Creativity website.
Print and eBook versions of Mama Says, "Money Doesn't Grow on Trees!" are available for sale online at Amazon.com, Walmart.com and other channels. There's also an interest calculator on PhatMath.com if students wish to practice what they read.
About the Author
Iris Mack, Ph.D., EMBA, founded Phat Math, Inc. in Miami, Florida. She and her colleagues at Phat Math launched the mathematics edutainment social network PhatMath.com. Students in grades K-12 and College have access to free 24/7 online math homework help on PhatMath.com - recently named one of the Top 50 Social Sites for Educators and Academics. Dr. Mack and her colleagues at Phat Math, Inc. also offer math and finance boot camps to help students increase their math test scores and to learn financial literacy survival skills.
Dr. Iris Mack earned a Harvard doctorate in Applied Mathematics and a London Business School MBA. She is a former MIT professor. Dr. Mack is also a former Derivatives Financial Engineer and Trader who has worked in financial institutions in the U.S., London and Asia. Oxford-trained mathematician Dr. Paul Wilmott - founder of the Certificate of Quantitative Finance Program in London - has invited Dr. Mack to join his team of high-powered quantitative financial markets bloggers on wilmott.com.
Dr. Mack currently serves on a National Academy of Sciences Research Advisory Board. A few years ago she was selected as a NASA astronaut semi-finalist. Dr. Mack spent the past year in London and various western European countries consulting, lecturing and conducting research for a book about the derivatives markets and for the next book in the math edutainment series. More information about Phat Math, Inc. and Dr. Mack may be found on http://www.IMackGroup.com.
SOURCE Iris Mack