{"id":695,"date":"2017-11-12T15:04:51","date_gmt":"2017-11-12T15:04:51","guid":{"rendered":"https:\/\/science.sjp.ac.lk\/mat\/?page_id=695"},"modified":"2024-12-19T04:53:12","modified_gmt":"2024-12-19T04:53:12","slug":"financial-mathematics","status":"publish","type":"page","link":"https:\/\/science.sjp.ac.lk\/mat\/financial-mathematics\/","title":{"rendered":"Financial Mathematics"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<strong>Course: <\/strong><strong>AMT 113 1.0 Financial Mathematics<\/strong> <strong>(Compulsory)<\/strong><\/p>\n<p><strong>Course content:<\/strong><\/p>\n<p style=\"text-align: justify;\">Simple Interest and Compound Interest, Discount, Equation of value, Yield Rates, Approximate Dollar-Weighted Yield Rates, Time-Weighted Yield Rates, Annuities-Immediate, Annuities-Due, Perpetuities, Deferred annuity, Finding the number of payments in an annuity, Annuities with payments in geometric\/ arithmetic progressions, Reinvestment, Outstanding loan balances, Amortized loans and amortization schedules, The Sinking Fund Method and Sinking Fund schedules, Comparison of Amortization and Sinking Fund methods<\/p>\n<p><strong>Recommended Readings:<\/strong><\/p>\n<ol>\n<li>Daniel,J., &amp; Vaaler,L. (2009). <em>Mathematical Interest Theory <\/em>(2<sup>nd<\/sup> ed). American Mathematical Society.<\/li>\n<li>Broverman,S.A. (2010).<em> Mathematics of Investment and Credit <\/em>(5<sup>th<\/sup> ed). Actex.<\/li>\n<li>Brown,R.L., Kopp,S., &amp; Zima,P. (2007). <em>Mathematics of Finance <\/em>(6<sup>th<\/sup>ed)<em>. <\/em>McGraw-Hill Ryerson.<\/li>\n<li>Brown,R.L., &amp; Zima, P.(2011). <em>Schaum\u2019s Outline of Mathematics of Finance <\/em>(2<sup>nd<\/sup>ed). McGraw-Hill Education.<\/li>\n<\/ol>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]Course: AMT 113 1.0 Financial Mathematics (Compulsory) Course content: Simple Interest and Compound Interest, Discount, Equation of value, Yield Rates, Approximate Dollar-Weighted Yield Rates, Time-Weighted Yield Rates, Annuities-Immediate, Annuities-Due, Perpetuities, Deferred annuity, Finding the number of payments in an annuity, Annuities with payments in geometric\/ arithmetic progressions, Reinvestment, Outstanding loan balances, Amortized loans and amortization &hellip; <a href=\"https:\/\/science.sjp.ac.lk\/mat\/financial-mathematics\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Financial Mathematics<\/span><\/a><\/p>\n","protected":false},"author":33,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/pages\/695"}],"collection":[{"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/comments?post=695"}],"version-history":[{"count":2,"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/pages\/695\/revisions"}],"predecessor-version":[{"id":4744,"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/pages\/695\/revisions\/4744"}],"wp:attachment":[{"href":"https:\/\/science.sjp.ac.lk\/mat\/wp-json\/wp\/v2\/media?parent=695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}