|
Apr 18, 2024
|
|
|
|
MATH 4560 - Theory of Interest and Life Contingencies Theory of interest and contingent payment models. Mathematical models for the actuarial present value of a future set of payments contingent on some random event(s); life insurance, life annuities, benefit reserves.
Requisites: MATH 4550 Credit Hours: 3 Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts. Lecture/Lab Hours: 3.0 lecture Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I Learning Outcomes: - Analyze cash flows and portfolios.
- Calculate important characteristics for annuities, loans, and bonds based on given information.
- Conduct simply analysis and calculation for various financial derivatives.
- Understand and calculate the time value of money.
Add to Portfolio (opens a new window)
|
|