Topics include measurement of interest, annuities, amortization of loans, bonds, sinking funds and depreciation. The course is at a level which will prepare students for the interest theory portion of the Society of Actuaries examinations. Prerequisite: SC/MATH 1014 3.00 or SC/MATH 1310 3.00 or SC/ISCI 1401 3.00 or SC/ISCI 1410 6.00. Course credit exclusions: SC/MATH 1581, SC/MATH 2580 6.00, SC/MATH 2581 3.00, GL/ECON1950 3.0, GL/MATH 1950 3.0, GL/MATH 2680 6.00, GL/MODR 1950 3.0.
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