Mathematics of Finance
Actuarial Science 2553A/B
Description: Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.
Term: A/B
Prerequisite(s): A minimum mark of 60% in Calculus 1501A/B or Applied Mathematics 1413, or Calculus 1301A/B with a minimum mark of 85%, or the former Calculus 081A/B with a minimum mark of 60% if completed by August 2003.
Antirequisite(s): AS2053A/B/
Extra Information: 3 lecture hours, 1 tutorial hour, 0.5 course.
Outlines of this course offered in past school years