2017-2018 Undergraduate Catalog 
    
    Sep 18, 2020  
2017-2018 Undergraduate Catalog [ARCHIVED CATALOG]

MAT 250 - Theory of Interest


This course deals with the mathematical aspects of investment. Topics treated include: interest rates, discount rates, present value, accumulated value, annuities, yield rates, amortization schedules and sinking funds. Applications to be treated include: bonds, real estate mortgages, methods of depreciation and insurance.

Prerequisites: MAT 206  and BUS 315  or BUS 219  or Departmental Approval
1 semester 3 credits.
Fall