Mathematics of Finance (FIN 120)

CRN: 03-704 January 10 - April 17, 2012               Tuesdays 7-10pm                                               Room 146                                                          Location: Saskatoon

45 hours/15 weeks

Additional costs: books and materials range from $120-$150.

You will deal with commercial problems involving simple interest, discounts and markups, partial payments and commuting a series of obligations.  It continues with a wide variety of problems involving compound interest, ordinary annuities, amortization of debt, sinking funds and valuation of bonds.  Practical applications are stressed throughout the course.  Use of the Financial calculator is shown throughout the course.