ACSI 5230 - Mathematics of Compound Interest3 credit hours
Prerequisite: ACSI/MATH 4200/ACSI 5200 /MATH 5200 or consent of instructor. A preparatory course for the Society of Actuaries/Casualty Actuarial Society Course/Exam 2. Topics include measurement of interest (including accumulating and present value factors), annuities certain, yield rates, amortization schedules, sinking funds, and bonds and related securities.
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