# MATH 325 - The Mathematics of Interest - Fall 2020

** 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. **Prerequisites:** MATH 142, MATH 147, MATH 151 or MATH 171.

### Sections

Sec | Instructor | Lecture | |
---|---|---|---|

501 |
Heather L. Ramsey | MWF 10:40-11:30am HECC 110 |