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Jun 10, 2025
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2021-2022 Undergraduate Catalog [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
1 semester 3 credits.
Fall
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