Nov 28, 2024  
University of Alberta Calendar 2020-2021 
    
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University of Alberta Calendar 2020-2021 [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: One of MATH 101, 115, 118, 136, 146, 156 or SCI 100. Corequisite: MATH 209 or 214.