Course Description Course Description
| Actuarial Science 153 Mathematics for Financial Analysis |
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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. |
| Antirequisites: Actuarial Science 223a, the former Actuarial Science 224b |
| Prerequisites: Mathematics 012a/b, OAC Calculus, or equivalent, and one full course or two half courses from: Applied Mathematics, Business Administration 257, Calculus, Computer Science, Linear Algebra, Mathematics, or Statistical Sciences. |
| 3 lecture hours. |
| Academic Calendar |
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