2018-2019 Undergraduate Catalog

MATH 251 Intro to Mathematics of Financ

Mathematical topics in finance as expected to be useful in financial decision-making in the future. Topics will include compound and simple interest, savings, mortgages, loans, equity, annuities, equations of value, yield rates, amortization, sinking funds, bonds, and current topics in finance as time permits. Emphasis will be on fundamental principles, calculations, and practical applications. Prerequisite: C- or better in MATH 111 and 112, or appropriate score on the SAT/ACT, or appropriate scores on the mathematics placement test, or permission of the department chairperson.