M 389F M 389F. Theory of Interest. 3 Hours.
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: Graduate standing and Mathematics 408D or 408L.
M E 389F M E 389F. The Nuclear Fuel Cycle. 3 Hours.
A survey of the nuclear fuel cycle, including resource acquisition, fuel enrichment and fabrication, spent fuel reprocessing and repository disposal. Nuclear fuel management and reactor physics are addressed in the context of fuel burn-up calculations. Uses cross-disciplinary tools such as cost-benefit and environmental impact analyses. Includes fuel cycles currently in use, advanced fuel cycle concepts currently being presented in the technical literature, and a group project designed to research, analyze, and document the technical, economic, and/or environmental ramifications of one of these advanced fuel cycles. Three lecture hours a week for one semester. Mechanical Engineering 389F and 397 (Topic: The Nuclear Fuel Cycle) may not both be counted. Prerequisite: Graduate standing.