2016-2017 Undergraduate Catalog 
    Jan 28, 2021  
2016-2017 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.