MATH 270 - Financial and Actuarial Mathematics

Credits: 3
Planned Offering: Winter 2012 and alternate years

Prerequisite: MATH 102. Topics include the time value of money, the force of interest, annuities, yield rates, amortization schedules, bonds, contracts, options, swaps, and arbitrage. Equal emphasis is given to both the theoretical background and to the computational aspects of interest theory. This course helps prepare students for the Financial Mathematics actuary exam. Staff.