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Unformatted text preview: Lecture 1: Introduction MA170: Introduction to Mathematics of Finance 14 September 2010 Mathematics of Finance (MA170) Lecture 1: Introduction 14 September 2010 1 / 26 Outline 1 Course Information 2 Theory of Interest 3 Amount Functions 4 Effective Rate of Interest Mathematics of Finance (MA170) Lecture 1: Introduction 14 September 2010 2 / 26 Course Information The Prof Course instructor: Dr. Marc Kilgour Office: BA433 (Bricker Academic) Telephone: ext 4208 Email: [email protected] Office Hours: Monday, 3:00 – 4:30, Thursday, 3:30 – 5:00 Other times by appointment The Lectures Times: Tuesday & Thursday 1:00 pm – 2:20 pm Location: BA110 (Bricker Academic) Mathematics of Finance (MA170) Lecture 1: Introduction 14 September 2010 3 / 26 Course Information The Textbook Text Petr Zima, Robert L. Brown, and Steve Kopp. Mathematics of Finance , 6th Canadian edition Assigned Problems Homework problems selected from the textbook will be assigned on a regular basis. It is recommended that you attempt all assigned problems as soon as possible. These assignments are not to be handed in. However, for most students, working on these problems shortly after the required material has been covered in class is the most reliable route to success in MA 170. Mathematics of Finance (MA170) Lecture 1: Introduction 14 September 2010 4 / 26 Course Information The Labs • Laboratories are mandatory, except in the week of the midterm test (November 3, 2010). • Laboratories begin in the first week of the term – September 15, 2010. • Lab Coordinator: Mr. Philip Munz; Room: BA530, ext: 2146, email: [email protected] • Students must attend the laboratory in which they are registered. • If you miss any scheduled lab, contact the Lab Coordinator as soon as possible. Lab Number Day of the Week Time Room 1 Wednesday 8:30 – 9:50 am BA531 2 Wednesday 10:00 – 11:20 am BA531 3 Wednesday 2:30 – 3:50 pm BA531 Mathematics of Finance (MA170) Lecture 1: Introduction 14 September 2010 5 / 26 Course Information About the labs • The lab sessions are designed to give students an opportunity to develop mathematical skills relevant to the course and to investigate applications of the concepts covered in the lectures. Some exercises will involve the use of spreadsheets, such as MS EXCEL. • Each lab session will begin with a short lecture by the Lab Coordinator. • In each lab, students will be assigned a set of problems based on recent lecture material and requiring appropriate levels of skill. Students should complete as many problems as possible in the time allotted. • Students must work independently on their lab reports. Cases of undue collaboration will be considered to be academic misconduct, and dealt with accordingly. However, students are encouraged to consult with the Instructional Assistant of the lab concerning general strategies to solve problems, etc....
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 Spring '10
 Allison
 Math, Debt, Interest, Mathematics of Finance

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