ACF 329 ACF 329. Theory of Interest. 3 Hours.
Same as Mathematics 329F. Measurement of interest, present and accumulated value, amortization, sinking funds, bonds, duration, and immunization. Covers the interest-theory portion of an exam of the Society of Actuaries and the Casualty Actuarial Society. Three lecture hours a week for one semester. Only one of the following may be counted: Actuarial Foundations 329, Mathematics 329F, 389F. Prerequisite: Mathematics 408D, 308L, 408L, or 408S with a grade of at least C-.