MATH 40563 - (was 4305) Financial Mathematics

Three hours lecture. Three credit hours.

Was MATH 4305. Covers some key procedures of financial mathematics: determining equivalent measures of interest, discounting, accumulating, determining yield rates, estimating the rate of return on a fund, and amortization. Dual listed in the Graduate Catalog as MATH 50563 (was MATH 5305).

Prerequisites: MATH 24004 or equivalent.