Theory of Interest

Catalog description

This course on interest theory is intended to prepare students for the Society of Actuaries/Casualty Actuarial Society Exam FM/2. Topics include the time value of money, annuities, amortization, loans, bonds, general cash flows and portfolios. Prerequisite(s): MATH 2012 >= C Lecture Hours: 3 Lab Hours: 0 Other Hours: 0 Contact Hours: 3 Repeatability: May not be repeated for credit. Grade Mode: Normal (A, B, C, D, F) Schedule Type (Primary): Lecture Click here for the Schedule of Classes.