STAT_O 324 (3) Mathematical Finance
Simple and compound interest, discount, force of interest, simple and general annuities, amortization of debts, bonds, depreciation, mortality tables, contingent payments, life annuities, insurance, and an introduction to financial derivatives. [3-0- 0] Prerequisite: MATH_O 200 and one of STAT_O 205, STAT_O 230.