Apr 25, 2024  
2016 - 2017 Undergraduate Bulletin 
    
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2016 - 2017 Undergraduate Bulletin [ARCHIVED CATALOG]

MAT 3330 - Financial Mathematics (3)

When Offered: Fall
The objective of this course is to help students learn about the theory of interest as covered on the Casualty Actuarial Society (CAS)/Society of Actuaries (SOA) Course 2 examination. Topics include mathematical theory of compound interest, force of interest, annuities, equations of value, yield rates, amortization, sinking funds, bonds, depreciation, and other topics in finance. The concepts and models that will be discussed are a key part of modern actuarial science.
Prerequisite: MAT 1120  or permission of the instructor.