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. Course manuals fee: $30.
Prerequisite:
First-year Calculus
Exclusion:
Distribution Requirements:
Science
Breadth Requirements:
The Physical and Mathematical Universes (5)
Program Area Section: