If I have a string with a valid math expression such as:
String s = \"1 + 2 * 7\";
Is there a built in library/function in .NET that will p
Yet another option now that Roslyn is available:
You can use CodeAnalysis.CSharp.Scripting library for this.
using Microsoft.CodeAnalysis.CSharp.Scripting;
using System;
namespace ExpressionParser
{
    class Program
    {
        static void Main(string[] args)
        {
            //Demonstrate evaluating C# code
            var result = CSharpScript.EvaluateAsync("System.DateTime.Now.AddDays(-1) > System.DateTime.Now").Result;
            Console.WriteLine(result.ToString());
            //Demonstrate evaluating simple expressions
            var result2 = CSharpScript.EvaluateAsync(" 5 * 7").Result;
            Console.WriteLine(result2);
            Console.ReadKey();
        }
    }
}
nuget packages:
<package id="Microsoft.CodeAnalysis.Analyzers" version="1.1.0" targetFramework="net461" />
<package id="Microsoft.CodeAnalysis.Common" version="1.1.1" targetFramework="net461" />
<package id="Microsoft.CodeAnalysis.CSharp" version="1.1.1" targetFramework="net461" />
<package id="Microsoft.CodeAnalysis.CSharp.Scripting" version="1.1.1" targetFramework="net461" />
<package id="Microsoft.CodeAnalysis.Scripting" version="1.1.1" targetFramework="net461" />
<package id="Microsoft.CodeAnalysis.Scripting.Common" version="1.1.1" targetFramework="net461" />
using System;
using static MathNet.Symbolics.SymbolicExpression;
using static System.Console;
using static System.Numerics.Complex;
using Complex = System.Numerics.Complex;
namespace MathEvaluator
{
    class Program
    {
        static readonly Complex i = ImaginaryOne;
        static void Main(string[] args)
        {
            var z = Variable("z");
            Func<Complex, Complex> f = Parse("z * z").CompileComplex(nameof(z));
            Complex c = 1 / 2 - i / 3;
            WriteLine(f(c));
            var x = Variable("x");
            Func<double, double> g = Parse("x * x + 5 * x + 6").Compile(nameof(x));
            double a = 1 / 3.0;
            WriteLine(g(a));
        }
    }
}
Don't forget to load
<PackageReference Include="MathNet.Symbolics" Version="0.20.0" />
Flee Fast Lightweight Expression Evaluator
https://flee.codeplex.com
Language Reference
Example :
Imports Ciloci.Flee
Imports Ciloci.Flee.CalcEngine
Imports System.Math
    Dim ec As New Ciloci.Flee.ExpressionContext
    Dim ex As IDynamicExpression
    ec.Imports.AddType(GetType(Math))
    ec.Variables("a") = 10            
    ec.Variables("b") = 40               
    ex = ec.CompileDynamic("a+b")
    Dim evalData    
    evalData = ex.Evaluate()
    Console.WriteLine(evalData)
The output : 50
I implemented an expression parser a few years ago and had published a version of it in GitHub and Nuget:Albatross.Expression recently. It contains a ExecutionContext class that can evaluate a set of expressions such as:
It also has built in circular reference check which is useful to avoid a stack overflow.
I would also have a look at Jace (https://github.com/pieterderycke/Jace). Jace is a high performance math parser and calculation engine that supports all the .NET flavors (.NET 4.x, Windows Phone, Windows Store, ...). Jace is also available through NuGet: https://www.nuget.org/packages/Jace
A simple math parser is quite easy to build, and requires only a few lines of code:
Take this flexible example:
class RPN
{
    public static double Parse( Stack<string> strStk )
    {
        if (strStk == null || strStk.Count == 0 )
        {
            return 0;
        }
        Stack<double> numStk = new Stack<double>();
        double result = 0;
        Func<double, double> op = null;
        while (strStk.Count > 0)
        {
            var s = strStk.Pop();
            switch (s)
            {
                case "+":
                    op = ( b ) => { return numStk.Pop() + b; };
                    break;
                case "-":
                    op = ( b ) => { return numStk.Pop() - b; };
                    break;
                case "*":
                    op = ( b ) => { return numStk.Pop() * b; };
                    break;
                case "/":
                    op = ( b ) => { return numStk.Pop() / b; };
                    break;
                default:
                    double.TryParse(s, NumberStyles.Any, out result);
                    if (numStk.Count > 0)
                    {
                        result = op(result);
                    }
                    numStk.Push(result);
                    break;
            }
        }
        return result;
    }
}
....
var str = " 100.5 + 300.5 - 100 * 10 / 100";    
str = Regex.Replace(str, @"\s", "", RegexOptions.Multiline);
Stack<string> strStk = new Stack<string>(
     Regex.Split(str, @"([()*+\/-])", RegexOptions.Multiline).Reverse()
);
RPN.Parse(strStk);
To enable precedence by bracketing a stack of stacks will suffice, such as archived by recursion. Anything between brackets is put on a new stack. Finally you can support math operations in a clean readable fashion by lambdas.