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