MATH 251 - Actuarial Mathematics

4 Credits

1 Units

This course includes an introduction to interest theory; the time value of money. Topics include introduction to interest, valuation of annuities, loan payments, bond valuation, depreciation, amortization schedules, and other topics related to the theory of interest. This course is intended for those students interested in taking the Financial Mathematics (FM) Actuarial Exam.

Prerequisite: MATH 171
Credit Type Code: Letter Grade