Course Catalog Entry

Course ID: MATH  572
Effective Date: 05/02/2000
Title: Theory of Interest
Career: Undergraduate
Credit Hours: 3.00
Description: Prerequisite: MATH 561. Accumulation function and the special cases of simple and compound interest. Nominal and effective interest and discount rates and the force of interest - constant and varying. Valuation of discrete and continuous streams of payments. Determination of yield rates on investments. Application of interest theory to amortization of lump sums, fixed income securities, depreciation mortgages. Covers the interest theory portion of the Examination 2 of the Society of Actuaries and the Casualty Actuarial Society.


The course descriptions provided herein are for the guidance of students. The University, however, reserves the right to change course descriptions without prior notice.

The provisions of this listing do not constitute an express or implied contract between the University and any member of the student body, faculty or general public.

The displayed information is the latest available from the Student Records system which is maintained by the Registars' office.

ULink Portal   Search Again   Schedule of Classes  

Registrar's office

University of Louisville

Houchens Bldg, Room LL31

Louisville, Kentucky 40292

Office Hours

M-F 9:00am to 5:00 pm

No holiday hours


tel (502) 852-6522

fax (502) 852-7088

Social Media