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 201 or MATH 1010 or ALEKS placement test
General Education Attribute

Foundations-Quantitative Reasoning
Discoveries-Natural Science & Technology