Ma 361: Theory of Interest
Advanced topics in simple and compound interest, annuities and investment including force of interest, continuous and/or variable payment annuities. Required calculator: TI BA II Plus. Prerequisite(s): Ma 130 or Ma 136. 3 Credits.
Fall 2024 Course Information
- Instructor: Melissa Gardenghi
- Course Syllabus
Homework
Moving Money/Annuities Practice Problems (textbook style)
Homework - Off Payments/Gen Annuities
Homework - Bonds
Homework - Bonds Writeup/Writedown
Homework - Porfolio/Investment Year
Homework - Time/Dollar Weighted ROR
Projects
Theory Assignment (updated 9/17)
Theory Assignment Completion Report
Professional/Worldview Development
SOA Exam FM Resources
Study Manuals: The department and I have a couple of copies of various study manuals for this exam that we are happy to loan out (as they are available). They are several years old, but the majority of the content is still pertinent. Should you wish to purchase your own copy, see the following or see the link in Teams to purchase access to Coaching Actuaries at a discount.
ASM Exam FM (this is probably my preferred option ...)
ACTEX Exam FM
SOA Exam FM Website - includes the SOA syllabus, previous exam questions/solutions, and other study resources
The author of one of the recommended texts for the exam, Sam Broverman, has posted questions of the week (with solutions).
Calculator Resources
For those taking the SOA Exam FM, be sure to use the BA II Plus exclusively for this course.
Finance App for TI 89
(TI Nspire CAS Reference Guide - see pages 12-13, 174-175)
Actuarial Resources