Catalogue 2019 - 2020

MATH 310 Theory of Interest

Credits

3 cr.

Prerequisite

MATH 134

Course Description

An introduction to the fundamental theory and concepts of financial mathematics and how they are applied to calculate present and future values of various cash flows. Topics include simple and compound interest, annuities, loan amortization, bonds, rates of investment return, term structure of interest rates, duration, immunization, and interest rate swaps.




Notes

Formerly "Topics in Actuarial Science" 1-3 cr

Offered

Fall semester

Fee