# MATH 325 - The Mathematics of Interest - Summer 2022

** Credits 3. 3 Lecture Hours. **

The mathematical theory associated with interest; annuities; varying annuities; sinking funds and amortization; coupon bonds; valuation of noncallable bonds; yield to maturity; yield curve; spot rates and forward rates; internal rate of return; duration and convexity; portfolio immunization. **Prerequisite:** MATHÂ 152 or MATHÂ 172.

### Sections

**This course is not taught in Summer 2022.**