MATH 551 - Mathematics of Finance

Mathematical theory of compound interest, force of interest, annuities, equations of value, yield rates, amortization, sinking funds, bonds, market derivatives, depreciation, and current topics in finance. Prerequisite: MATH 166. Not open to students who have credit in MATH 351.

College: Sciences and Humanities
Hours: 4
Permission: Y
Prerequisite: MATH 166
Co-requisite: none