MATH2004

MATH2004: Theory of Interest

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Which units require MATH2004?

MATH2004 is a prerequisite for 3 units.

What is MATH2004 about?

This unit develops the student’s understanding of the fundamental concepts of financial mathematics, and how these concepts are applied in calculating present and accumulated values for a stream of cashflows. Practical, hands-on modelling experience is developed through the use of EXCEL spreadsheets (students are assumed to have functional EXCEL skills prior to commencement of this unit).

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Unit details

Credits25

Contact Hours4 Weekly

Result TypeGrade/Mark

AreaSchool of Electrical Engineering, Computing and Mathematical Sciences (EECMS) (1153)

Field of Education010101 Mathematics

Handbook View Official Handbook Page →

How this unit is taught

Lecture1 x 2 hours weekly
Tutorial1 x 1 hour weekly
Workshop1 x 1 hour weekly

Prerequisites

Prerequisites group 1Select One

MATH1018Advanced Linear Algebra 1
MATH1016Calculus 1
Mathematics 104
MATH1011Mathematics 2
Mathematics 102

Prerequisites group 2Select One

MATH1017Advanced Calculus 1
MATH1015Linear Algebra 1
Mathematics 103
MATH1010Advanced Mathematics
MATH1004Mathematics 1
Mathematics 101

Prerequisites group 3Select One

B-FINMATv1Bachelor of Science (Financial Mathematics)

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B-FINMATv1Bachelor of Science (Financial Mathematics)

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