Introduction to interest rates and the time value of money. Topics include simple and compound interest, equations of value, annuities, loans, mortgages, and bonds. Spreadsheets (e.g. Excel/Open Office/Google Sheets) will be taught and used extensively. Prerequisite: Ontario Grade 12 Advanced Functions or equivalent.
Course credit exclusion: SC/MATH 2580 6.00 (prior to Fall 2010), SC/MATH 2280 3.00, GL/ECON1950 3.00, GL/MATH 1950 3.00, GL/MATH 2680 6.00, GL/MODR 1950 3.00.
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