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Office hrs: T-TH 10:00-11:00 or by appointment or by e-mail

Course description
Exam Schedule

Course description:

MAT 301, call number: 2705

TEXT: CALCULATOR: Tue-Th 1:00--2:20, room 139
This course will cover the basics of theory of interest: simple and compound interest, annuities, yield rates, bonds and securities and practical applications.

This course is a preparation for the Actuarial Exam 140. As a prerequisite for this course you should be familiar with the geometric sum (from Calculus II), integrating functions, specially the logarithm and be familiar with the properties of the logarithm and exponential functions (from Calculus I).

There is a lot of material to cover for the exam. Most of the concepts are inter-related and based on the simple ideas governing compound interest. I will try to make it as easy for you as possible, helping you with summaries. The hard part of the course is getting used to do word problems with several steps. We will discuss as many problems as time allows us. You will be required to come up to the board to solve problems on a regular basis.

The grade in the course will be based in four in--class exams worth 20\% of your final grade each, plus class participation and home assignments which will be worth the remaining 20\% of your final grade. To pass the course you need to obtain a total average of 50\% or more.

It is your responsibility to be aware of the dates of the exams and the content and due date of assignments. If you miss a class, it is your responsibility to be aware of the topics discussed during that class, the assigned homework and the and the possibly given assignment.

There is no reason to miss an exam other than getting sick (bring note from doctor), being on a team that has a game at the same time an exam is given (bring a note from your coach), or a death or serious illness in your family (bring a note from your family). In the event you can not attend an exam, you must notify me in advance, otherwise you automatically fail the course.

EXAM SCHEDULE: Last day of classes: Dec 9
No class: Oct 2 and Thanksgiving: Nov 27