2011-2013 Undergraduate Catalogue 
    
    Nov 21, 2024  
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2011-2013 Undergraduate Catalogue [ARCHIVED CATALOG]

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MAT 250 - Theory of Interest

This course deals with the mathematical aspects of investment. Topics treated include: interest rates, discount rates, present value, accumulated value, annuities, yield rates, amortization schedules and sinking funds. Applications to be treated include: bonds, real estate mortgages, methods of depreciation and insurance.

Prerequisites: MAT 206  and BUS 315  or BUS 219 , or Departmental Approval
3 hours a week 1 semester 3 credits.


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