Academic Calendar - 2021

Western University Academic Calendar. - 2021
Western Main Campus

Actuarial Science 2553A/B

MATHEMATICS OF FINANCE


Time value of money, accumulation and discount functions, effective rates of interest and discount and present values, as applied to annuities and other financial products, and/or applications including loan repayment schedules and methods.

Antirequisite(s): Actuarial Science 2053.

Prerequisite(s): A minimum mark of 60% in one of Calculus 1501A/B, Numerical and Mathematical Methods 1414A/B, the former Applied Mathematics 1414A/B, the former Applied Mathematics 1413, or a minimum mark of 85% in Calculus 1301A/B. Integrated Science 1001X with a minimum mark of 60% can be used in place of Calculus 1301A/B.

Extra Information: 3 lecture hours, 1 tutorial hour.

Course Weight: 0.50
Breadth: CATEGORY C i  
Subject Code: ACTURSCI

This Course is Mentioned in the Following Calendar Pages: