LE 159 — Financial Mathematics I
BSc BSc Real Estate · Kwame Nkrumah University of Science and Technology
Objective In this course the student will be introduced to mathematics as applied to financial operations. The course is an introduction to courses, such as Principles of Valuation and Investment Appraisal, which will be taught later in the programme. At the end of the course the student will have a good understanding of how the Valuation Tables have been compiled. Contents Arithmetic & Geometric Progressions; Simple & Compound interests; Application of Simple Interest – Negotiable Instruments & Treasury Bills; Application of Compound Interest in the Construction of Valuation Tables: Amount of ¢1.00 Table, Amount of ¢1.00 p.a. Table, Present Value of ¢1.00 Table, Present Value of ¢1.00 p.a. Table, Annual Sinking Fund Table, Annuity Table; Interrelationships among Tables.
- Credits
- 3
- Level
- Year One
- Semester
- Semester One
Other courses on this programme
- CSM 183 — Introduction to Computers I
- CSM 184 — Introduction to Computers II
- ENGL 157 — Communication Skills I
- ENGL 158 — Communication Skills II
- GE 164 — Introduction to Geo-Information Systems
- GE 183 — Principles of Surveying
- LE 151 — General Principles of Law I
- LE 152 — Law of Contract
- LE 153 — Introduction to Building Construction
- LE 154 — Building Components and Finishes
- LE 160 — Financial Mathematics II
- RE 151 — Real Estate Industry
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