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MATH 331

Mathematics of Compound Interest

A mathematical treatment of measurements of interest and discount, present values, equations of value, annuities, amortization and sinking funds and bonds. Also, an introduction to life annuities and the mathematics of life insurance. Prerequisite: MATH 136 or MATH 151 or permission of instructor.

Distribution Area Prerequisites Credits
MATH 136 OR MATH 151 1 course