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Mathematical Interest Theory Student Manual Download Pdf _VERIFIED_


This text provides a comprehensive explanation of the required interest theory material on the Financial Mathematics (FM) Exam offered by the Society of Actuaries and the Casualty Actuarial Society. The concise explanations in this textbook fully prepare students for the questions that appear on the FM Exam. Key Concepts are identified throughout the text for easy reference while working practice problems.




Mathematical Interest Theory Student Manual Download Pdf



Plus/minus grades will be assigned for the final grade as follows: A (100-92.6), A- (92.5-89.6), B+ (89.5-86.6), B (86.5-82.6), B- (82.5-79.6), C+ (79.5-76.6), C (76.5-72.6), C- (72.5-69.6), D+ (69.5-66.6), D (66.5-62.6), D- (62.5-59.6), F (59.5-0). PREREQUISITE M408D, M408L, or M408S with a grade of at least C-. COURSE DESCRIPTION M329F Theory of Interest is an upper division applied mathematics course that covers most of the content for the SOA Exam FM. Although this is a required course for actuarial science students it is also a great practical mathematics course for any student as M329F students master the terminology, notation, and techniques needed to understand the fundamental concepts of financial mathematics. Students apply those concepts across topics including nominal and effective interest and discount rates, general accumulation functions and force of interest, yield rates, annuities including those with non-level payment patterns, amortization of loans, sinking funds, bonds, spot and forward rates, interest rate swaps, duration, and immunization. See -req/ for further details regarding the FM exam. DEPARTMENTAL SYLLABUS COURSE WEBSITE Additionally, course notes, exam review guides, grades, and other essential course information will be posted on Canvas. Exam dates, the course schedule, and homework assignments will be shown on the Canvas course calendar. ADVICE FOR SUCCESS Actively participate in the course by attending class, participating in class discussions, asking questions in class, working the assigned homework problems, and utilizing the office hours of Dr. Austin. Before you email me to ask a question about the rules and procedures of this course, please read through this syllabus to see if the answer is written here. I diligently tried to include here any information that you might ask; please utilize it. SERVICES AVAILABLE TO STUDENTS The University of Texas provides appropriate academic accommodations for qualified students with disabilities. Students with disabilities may request appropriate academic accommodations from the Division of Diversity and Community Engagement, Services for Students with Disabilities, 471-6259. COMPUTER LABThe mathematics department's 40 seats undergrad computer lab, RLM 7.122, is open to all students enrolled in math courses. Students can sign up for an individual account themselves in the computer lab using their UT EID. We have most of the mainstream commercial math software: Mathematica, Maple, Matlab, and an assortment of open source programs.RLM Building Hours are: M-Th: 6:00am -- 11:00pm F: 6:00am -- 10:00pm Sat: 6:00am -- 5:00pm Sun: 2:00pm -- 11:00pm STUDENT CONDUCT Silence all cell phones and other noisemakers. Please come to class on time. If you will be late or need to leave early for some legitimate reason, please tell me in advance. Coming and going during class is distracting to your fellow students and the instructor, and we do not like it. PLANNED TOPIC and EXAM SCHEDULE See our Course Calendar in Canvas. Deviations from this tentative calendar may occur during the semester. The actual material covered each day can only be determined by attending class. RELIGIOUS HOLIDAYS By UT Austin policy, you must notify me of your pending absence at least fourteen days prior to the date of observance of a religious holy day. If you must miss a class, an examination, a work assignment, or a project in order to observe a religious holy day, you will be given an opportunity to complete the missed work within a reasonable time after the absence. DEADLINES FOR DROPPING A COURSE If you drop a class on or before February 6 (12th class day), the class will not show up on your transcript. If you drop a class after that date, the course will show up on the transcript with a "Q" grade. After April 8 it is not possible to drop a course except for extenuating (usually non-academic) circumstances. POLICY ON ACADEMIC INTEGRITY Students who violate University rules on academic dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and/or dismissal from the University. Since such dishonesty harms the individual, all students, and the integrity of the University, policies on academic dishonesty will be strictly enforced. At a minimum, you should complete any assignments, exams, and other scholastic endeavors with the utmost honesty, which requires you to: acknowledge the contributions of other sources to your scholastic efforts; complete your assignments independently unless explicitly authorized to seek or obtain assistance in preparing them; follow instructions for assignments and exams, and observe the standards of your academic discipline; and avoid engaging in any form of academic dishonesty on behalf of yourself or another student. For further information, please visit the Student Conduct and Academic Integrity website. EMERGENCY EVACUATION POLICY Occupants of buildings on The University of Texas at Austin campus are required to evacuate buildings when a fire alarm is activated. Alarm activation or announcement requires exiting and assembling outside. Familiarize yourself with all exit doors of each classroom and building you may occupy. Remember that the nearest exit door may not be the one you used when entering the building. Students requiring assistance in evacuation shall inform their instructor in writing during the first week of class. In the event of an evacuation, follow the instruction of faculty or class instructors. Do not re-enter a building unless given instructions by the following: Austin Fire Department, The University of Texas at Austin Police Department, or Fire Prevention Services office. Behavior Concerns Advice Line BCAL: 512-232-5050 Link to information regarding emergency evacuation routes and emergency procedures can be found at www.utexas.edu/emergencyActuarial Science Club on Facebook


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