MATH 4300 - Mathematics of Interest

(3) Credit Hours

Mathematical theory of interest with applications, including accumulated and present value factors, annuities, yield rates, amortization schedules and sinking funds, depreciation, bonds and related securities. Recommended for students planning to take actuarial exams. Prerequisites: MATH 1920 or MATH 1960 with a minimum grade of C or department head approval. Standard letter grade.