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Actuarial Science
| Actuarial Science Courses | | | | | 153 | | | | | | |
| Actuarial Science 153, Mathematics for Financial Analysis | |
| | Description: Simple and compound interest, annuities, amortization, sinking funds, bonds, bond duration, depreciation, capital budgeting, probability, mortality tables, life annuities, life insurance, net premiums and expenses. Cannot be taken for credit in any honors program in statistics or actuarial science. | | Antirequisite(s): Actuarial Science 223a, the former Actuarial Science 224b. | | Prerequisite(s): Mathematics 012a/b, OAC Calculus or Grade 12U Advanced Functions and Introductory Calculus (MCB4U), or equivalent, and 1.0 or two 0.5 courses from Applied Mathematics, Calculus, Linear Algebra, or Mathematics. | | 3 lecture hours, 1.0 course.
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