University of Detroit Mercy

Undergraduate Catalog 2011-2012

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MTH 3050 Mathematics of Finance	Credit Hours	Recitation/Lecture Hours	Studio Hours	Clinical Hours	Lab Hours
Prerequisites: MTH 1120 (Minimum Grade of D, May not be taken concurrently) OR MTH 1420 (Minimum Grade of D, May not be taken concurrently) 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

College of Business Administration

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College of Engineering & Science

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College of Health Professions & McAuley School of Nursing

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College of Liberal Arts & Education

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School of Architecture

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School of Dentistry

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School of Law

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