Theory of Interest
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Overview
Subject area
MTH
Catalog Number
4410
Course Title
Theory of Interest
Department(s)
Description
This course provides a mathematical understanding of fundamental concepts offinancial mathematics and their applications in calculating values for various streams of cash flows. Topics to be discussed include measurements of various interest rates, equations of value, yield rates, noncontingent annuities, amortization schedules, sinking funds, bonds, interest rate swaps, and immunization.
Typically Offered
Fall, Spring, Summer
Academic Career
Undergraduate
Liberal Arts
Yes
Credits
Minimum Units
4
Maximum Units
4
Academic Progress Units
4
Repeat For Credit
No
Components
Name
Lecture
Hours
4
Requisites
022986