May 26, 2019  
University of Alberta Calendar 2017-2018 
    
University of Alberta Calendar 2017-2018 [ARCHIVED CATALOG]

MATH 253 - Theory of Interest


★ 3 (fi 6) (either term, 3-0-0) Accumulation and amount functions, effective, nominal, simple, and compound rates, force of interest and discount, simple and general annuities certain, variable annuities and perpetuities, amortization schedules and sinking funds, bonds and other securities, applications, installment loans, depreciation, depletion, capitalized cost. Prerequisite: MATH 101, 115, 118 , 146, or SCI 100 or equivalent. Corequisite: MATH 209 or 214.