MATH 1040 - Mathematics of Finance

Credit Hours: 3

This course introduces the mathematics of personal finance. It is intended to serve as a lifelong basis for wise money management. Topics include simple interest, compound interest, annuities (car payments, mortgage payment, or any series of equal payments), annuity factors, amortization tables, investments (stocks and bonds), and spreadsheets.

Prerequisite: MATH 0201 or MATH 1010 or ALEKS placement test

General Education - Foundations:

GFQR: Quantitative Reasoning

General Education - Discoveries:

GDNS: Natural Sciences and Technology