Financial transactions involving interest: measurement of interest, force of interest, annuities-certain, introduction to financial derivatives.
Prereq: A grade of C- or above in 1152, 1172, 1181H, 1534, 1544, 2162.xx, 2153, or 4181H, or credit for 153, 154, 162, 162H, or 191H; and enrollment in Math major, or Actuarial Science major or pre-major. Not open to students with credit for 618.