Key words
Financial algebra
Objectives
Transfer of basic knowledge of financial calculation techniques that students will need for other courses and in professional practice.
Application in practical situations like business financing, loans, life annuity etcStimulate orderly presentation and analytical skills.
Topics
Singular intrest and discount
Compound intrest and discount
Equivalent intrests
Intrest prepaid
Due date: fixed and average
Annuities
Loans
Elementary applications of mathematics of life insurance
In all these matters practical applications prevail over mathematical prove
Prerequisites
Mathematical skills of secundary education.
Practical use of the calculator.
Final Objectives
Materials used
Textbook: Finaciële Wiskunde volume 1&2 F.Vermeulen and C.Sys Academia Press.
Study costs
20 €
Study guidance
Monitorate and individual remediation.
Teaching Methods
Lecturing and exercises that students prepare at home.
Assessment
First exam session: 100 % written exam
Second exam session: 100 % written exam
Examination Board Flemish Community (ditto regular student)
Lecturer(s)
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