BA Specialization - 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.