MATH1017 Mathematics for Personal Financial Management (3 units)
- Medium of Instruction:
This course introduces the mathematics behind different types of financial products of personal financial management with a balanced mix of computation and intuition. Particular attentions will be paid to annuities, such as savings plans and insurance plans, and amortization, such as credit cards, mortgages and car loans. The emphasis is on the formulation of problems mathematically arisen in these financial products. The actual calculations for the solutions will be done with the help of spreadsheet software.
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