ACT240H1: Mathematics of Investment & Credit

Hours: 
24L/12T

Interest, discount and present values, as applied to determine prices and values of annuities, mortgages, bonds, equities; loan repayment schedules and consumer finance payments in general; yield rates on investments given the costs on investments.

Prerequisite: 

MAT137Y1 (minimum grade 65%)/MAT157Y1

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