2022-2023 Academic Catalog 
    Jun 18, 2024  
2022-2023 Academic Catalog [Archived Catalog]

ACSC 414 - Theory of Interest

Credits: 3
This course covers the mathematical theory of compound interest with applications to investments. Topics include accumulation of interest in discrete and continuous time, nominal and effective interest, present and future values, and annuities.

ACSC-414 and ACSC-415 cover all of the learning objectives contained in Examination FM (Financial Mathematics) of the Society of Actuaries.
Related Courses: ACSC-514
Corequisite: MATH-151