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Theory of Interest

MATH 3618: Theory of Interest

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.
Credit Hours
3.0

Course Description Download:

Textbook

Title: Mathematics of Investment & Credit
Edition: 7th
Author: Broverman
Publisher: Actex
ISBN: 978-1-63588-221-6

Additional Textbook

Title: Derivatives Markets
Edition: 3rd
Author: McDonald
Publisher: Prentice-Hall
ISBN: 9780321543080

Semester(s) Offered:

Autumn
Spring