Description
This course is an intensive study of interest including the measurement of interest, the accumulation and discount of money, the present value of a future amount, the forces of interest and discount, equations of value, annuities (simple and complex), perpetuities, amortization and sinking funds, yield rates, bonds, and other securities, installment loans, depreciation, depletion and capitalized cost.
Common questions about MTH 402
What is MTH 402 at LAU?
MTH 402 Theory of Interest is a 3-credit course at Lebanese American University (LAU), in the Computer Science & Mathematics department. This course is an intensive study of interest including the measurement of interest, the accumulation and discount of money, the present value of a future amount, the forces of interest and discount, equations of value, annuities (simple and complex), perpetuities, amortization and sinking funds, yield rates, bonds, and other securities, installment loans, depreciation, depletion and capitalized cost.
How many credits is MTH 402?
MTH 402 Theory of Interest is worth 3 credits at LAU.