Financial Mathematics

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Overview

Subject area

MAT

Catalog Number

364

Course Title

Financial Mathematics

Department(s)

Description

Simple interest, compound interest, force of interest, time value of money, present and future values, level annuities, increasing and decreasing annuities, arithmetic and geometric progressions, loans and amortization, outstanding balance at any time, interest and principal payments at any time, price of a bond, immunization, interest rate swaps, stocks.Prereq: MAT 176.

Typically Offered

Fall, Spring

Academic Career

Undergraduate

Liberal Arts

Yes

Credits

Minimum Units

4

Maximum Units

4

Academic Progress Units

4

Repeat For Credit

No

Components

Name

Lecture

Hours

4

Requisites

010969

Course Schedule