MATH3149

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MATHEMATICS OF FINANCE

MathematicsNatural Sciences & Mathematics

Subject Code

MATH

Course Number

3149

Department(s)

Course Description

A unified approach to the theory and application of finance is provided by the study of the underlying mathematical principles. Applicationsinclude simple and compound interest and discount, force of interest; annuities and perpetuities; amortization and sinking fund, bonds andother securities; depreciation and depletion, and capitalization cost; and installment loans

Units

4