University of Detroit Mercy

Undergraduate Catalog 2007-2008

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MTH 305 Mathematics of Compound Interest	Credit Hours	Recitation/Lecture Hours	Studio Hours	Clinical Hours	Lab Hours
Prerequisites: MTH 111 or MTH 140 Prerequisite: MTH 111 or 140. Measurement of interest; nominal and effective interest; force of interest; present value factor; annuities; amortization schedules and sinking funds; reinvestment rates; bonds and other securities.	3	0	0	0	0

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School of Law

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