Dec 26, 2024  
2022-2023 Undergraduate Catalog 
    
2022-2023 Undergraduate Catalog [ARCHIVED CATALOG]

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MAT 440 - Theory of Interest

3 Cr. Hrs.
This course covers the material for the Actuarial Exam Financial Mathematics (FM), offered by the Society of Actuaries. This course provides the mathematical treatment of the topics Simple and Compound Interest, yield rates, annuities, amortization, valuation of bonds, valuation of stocks, short sales, depreciation, interest rate risk, and basic immunization calculations using duration and convexity.

Prerequisite(s): C or better in MAT 240 .



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