MTH 378 - Theory of Interest

MTH 122 with a grade of C (20) or better or concurrent election of MTH 122; or MTH 118 with a grade of B (30) or better(3)

Theory and applications of interest, including measurement of interest; annuities certain; amortization schedules and sinking funds; bonds and related securities. Intended for students interested in actuarial science, finance, or applications of mathematics to business.