Nov 23, 2024  
2024-2025 Undergraduate Catalog 
    
2024-2025 Undergraduate Catalog
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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 - Foundations:
  • GFQR: Quantitative Reasoning
General Education - Discoveries:
  • GDNS: Natural Sciences and Technology



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