MTH 378 - Theory of Interest

MTH 122 with a grade of C (2.0) or better or concurrent election of MTH 122; or MTH 118 with a grade of B (3.0) 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. Not offered every semester; see www.umflint.edu/math. Graded ABCDE.