Nov 21, 2024  
2020 Siena Heights University Catalog 
    
2020 Siena Heights University Catalog [ARCHIVED CATALOG]

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MAT 106 Technology Studies: Time, Value, And Money Applications


1 credit hours

This course explores the relationships between time and the value of money in applications relevant to both personal and professional financial areas. Topics include compound interest, loans and mortgages, annuities and sinking funds. Additional topics may be offered as time allows: amortization tables, depreciation, break even analysis, net present value and internal rate of return, bond yield to maturity, and return on a share of stock. Recommended for students majoring in business and others who would like to learn basic financial calculations for personal use. The technology tool (calculator or computer software) may change, but the content will remain the same.

Prerequisite: None
Course is Offered: Uncertain



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