MATH 241 - Mathematics of Finance

Institution:

Trinity College

Subject:

Description:

An introduction to the basic mathematical tools used in the financial world. Topics may include simple and compound interest, periodic loans, present and future value, amortization, sinking funds, bonds and money market funds, tax-exempt, and tax-deferred investments. Life annuities, perpetual annuities, and the mechanics of life insurance. Students may also do calculations and modeling using spreadsheets; instructions on their use will be given as needed. Basic ideas from probability theory will also be introduced as needed. Additional topics may include linear programming, finite differences, and some actuarial mathematics. However, this course does not prepare students for the examinations of the Society of Actuaries. Prerequisite: C- or better in Mathematics 132 or 142 and Mathematics 107 or permission of the instructor. 1.00 units, Lecture

Credits:

0.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.Trincoll.edu

Phone Number:

(860) 297-2000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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