MATH 420 Actuarial Mathematics

3 credits, Spring

Introduces the student to the principles of interest theory and insurance. Interest theory topics include calculating effective yields, annuities, amortization schedules, and valuation of bonds and other securities. Insurance principles include the economics of insurance, measurements of mortality, and individual risk models.

Prerequisite(s): A grade of "C" or better in MATH 221 or permission of the instructor

Alternate years: Even-numbered