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Mathematics
Description: Theory and applications of interest, or the time value of money. Topics include measurement of interest, annuities certain, yield rates, amortization schedules and sinking funds, bonds, and related securities. Co-convened with MAT 562. Letter grade only.
Units: 3
Sections offered: Fall 2024
Prerequisite: MAT 137 with grade greater than or equal to C
Mathematics
Term : Fall 2024
Catalog Year : 2024-2025
MAT 462 - Interest Theory For Actuarial Science
Description: Theory and applications of interest, or the time value of money. Topics include measurement of interest, annuities certain, yield rates, amortization schedules and sinking funds, bonds, and related securities. Co-convened with MAT 562. Letter grade only.
Units: 3
Sections offered: Fall 2024
Prerequisite: MAT 137 with grade greater than or equal to C