Objectives

This course is about the active and practical use of mathematics, which is

considered a first course in financial mathematics primarily concerned with

developing the students’ understanding of the concepts of e time value of

money, to calculate interest rates and discount factors providing experience

with its methods and applications. The provides a solid mathematical

introduction to the subject of Compound Interest Theory and its application

to the analysis of a wide variety of complex financial problems, including

those associated with mortgage and commercial loans