MAT 371 - Mathematics of Finance

Institution:

West Chester University of Pennsylvania

Subject:

Mathematics

Description:

The purpose of this course is to introduce the mathematical theory behind the concepts of: measurement of interest, annuities, yield rates, amortization of loans, sinking funds, and yield rates. Understanding the fundamental concepts of financial mathematics, and how these concepts can be applied to calculate present and future values of various financial instruments, is the prevailing theme of the course.

Credits:

3.00

Credit Hours:

Prerequisites:

MAT 162

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.wcupa.edu

Phone Number:

(610) 436-1000

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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