ACT230H1: Mathematics of Finance for Non-Actuaries

Hours: 
24L/12T

Introduction to financial mathematics, interest measurement, present value calculation, annuity valuation, loan amortization, consumer financing arrangements, bond valuation. The course is aimed at a general audience who will not be continuing in the actuarial science program.

Prerequisite: 

First-year Calculus

Exclusion: 
Distribution Requirements: 
Science
Breadth Requirements: 
The Physical and Mathematical Universes (5)