May 02, 2024  
2015-2016 Undergraduate Catalog 
    
Catalog Navigation
  Catalog Home
  Academic Policies and Regulations
  Financial Aid Policies
  Undergraduate Curriculum
  Honors Program
  Three-Year Degrees
  University Seminars
  English Language Institute
  Global Field Study Programs
  Programs A-Z
  Programs by Area
  Programs by Type
  Course Descriptions
HELP
2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

MA 361 The Mathematical Theory of Interest

This course uses a problem-solving approach to introduce students to the mathematical theory and practice of interest. Much of the class time is spent solving problems similar in scope and level of difficulty to those in the actuarial exam on Mathematical Finance. The course covers the measurement of interest; equations of value; annuities, yield rates, amortization schedules and sinking funds; bonds and other securities; and recent, practical applications.

Prerequisite: MA 202 .