Mathematics (MATH) - Mathematics of Finance
MATH 3286 Mathematics of Finance
Prerequisites:
MATH 2076
Hours:
Three hours of lecture per week for one term.
Credits:
3
Description:
A survey of topics in the mathematical theory of interest and life contingencies, including: interest accumulation; annuities; amortization; sinking funds; bonds; capital budgeting; measurement of mortality; life annuities; life insurance; premiums; reserves; cash values; population theory; and multi-life functions.