ACTURSCI 2553A/B
MATHEMATICS OF FINANCE
Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.
Prerequisites & course information
Antirequisite(s): Actuarial Science 2053 . Prerequisite(s): A minimum mark of 60% in one of Calculus 1501A/B, Numerical and Mathematical Methods 1414A/B, the former Applied Mathematics 1414A/B, the former Applied Mathematics 1413, or a minimum mark of 85% in Calculus 1301A/B . Integrated Science 1001X with a minimum mark of 60% can be used in place of Calculus 1301A/B . Extra Information: 3 lecture hours, 1 tutorial hour. Course Weight: 0.50
Sources
- Course catalogue ↗2026-2027