ACTU 303 — Introduction to Financial Mathematics
Statistics · University of Ghana
To provide grounding in Financia l Mathematics and its simple applications. Topics to be introduced include: Time value of money. Simple and Compound Interest accumulation and discount functions. Theoretical continuous cases of forces of interest and discount, effective rates of interest and discount and present values, as applied to annuities and other financial products, and applications including the determination of loan repayment once interest rate assumptions have been made.
- Credits
- 3
- Level
- Level 300
- Semester
- Semester One
Other courses on this programme
- ACTU 304 — Life Contingencies
- ACTU 320 — Internship in Actuarial Science
- STAT 331 — Probability Distributions (Pre-req. STAT 221, 224)
- STAT 332 — Multivariate Distributions (Pre-req. STAT 331)
- STAT 333 — Statistical Methods I (Pre-req. STAT 224)
- STAT 334 — Statistical Methods II (Pre-req. STAT 333)
- STAT 335 — Sample Survey Methods
- STAT 336 — Design of Experiments (Pre-req. STAT 223)
- ACTU 101 — Introduction to Statistics and Probability for Actuaries
- ACTU 202 — Data Analysis and Statistical Computing
- ACTU 403 — Elements of Life Insurance
- ACTU 404 — Pensions and Social Security
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Start freeCourse details from University of Ghana Volume 3 Handbook for the Bachelor's Degree: Course Descriptions for Programmes in the Sciences (2017).