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MATH 346 Course Syllabus
NJIT Academic Integrity CODE: All Students should be aware that the Department of Mathematical Sciences takes the University Code on Academic Integrity at NJIT very seriously and enforces it strictly. This means that there must not be any forms of plagiarism, i.e., copying of homework, class projects, or lab assignments, or any form of cheating in quizzes and exams. Under the University Code on Academic Integrity, students are obligated to report any such activities to the Instructor.
Math 346-001: Mathematics of Finance I
FALL 2010
Textbook: The Theory of Interest (3rd Ed.) by Stephen Kellison. Publisher: Irwin.
Prerequisites: Math 112 with a grade of C or better.
Grading Policy: The final grade in this course will be determined as follows:
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▪ Homework & Quizzes: |
20% |
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▪ Midterm Exams: |
40% |
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▪ Final Exam: |
40% |
Drop Date: Please note that the University Drop Date November 1, 2010 deadline will be strictly enforced.
Homework Policy: Integrity Your work is expected to be your own. Help from tutors, classmates etc is encouraged but you are responsible for mastering the material. Homework will be assigned at all classes. Homework will be collected and periodic quizzes will be given. Late homework will not receive full credit. There will be no makeup tests, quizzes, or homework.
Makeup Exam Policy: There will be No make-up EXAMS during the semester. In the event the Final Exam is not taken, under rare circumstances where the student has a legitimate reason for missing the final exam, a makeup exam will be administered by the math department. In any case the student must notify the Math Department Office and the Instructor that the exam will be missed and present written verifiable proof of the reason for missing the exam, e.g., a doctors note, police report, court notice, etc., clearly stating the date AND time of the mitigating problem.
Further Assistance: For further questions, students should contact their Instructor. All Instructors have regular office hours during the week. These office hours are listed at the link above by clicking on the Instructors name. Teaching Assistants are also available in the math learning center.
Cellular Phones: All cellular phones and beepers must be switched off during all class times.
MATH DEPARTMENT CLASS POLICIES LINK
All DMS students must familiarize themselves with and adhere to the Department of Mathematical Sciences Course Policies, in addition to official university-wide policies. DMS takes these policies very seriously and enforces them strictly. For DMS Course Policies, please click here.
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M |
Labor Day Holiday ~ University Closed |
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M |
Last Day to Withdraw from this course |
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R-Su |
Thanksgiving Recess ~ University Closed |
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T |
Classes follow a Thursday Schedule |
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December 8, 2010 |
W |
Classes follow a Friday Schedule |
Course Outline and Homework Assignments:
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Week |
Lecture |
Section |
Topic |
Homework / QUIZ |
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Week 1 |
1 |
1.1 - 1.3 |
Measurement of Interest |
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2 |
1.4 - 1.6 |
Measurement of Interest |
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Week 2 |
└► |
LABOR DAY ~ UNIVERSITY CLOSED |
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3 |
1.4 - 1.6 |
Measurement of Interest |
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Week 3 |
4 |
1.7 - 1.8 |
Measurement of Interest |
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5 |
1.7 - 1.8 |
Measurement of Interest |
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Week 4 |
6 |
1.9 - 1.11 |
Measurement of Interest |
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7 |
1.9 - 1.11 |
Measurement of Interest |
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Week 5 |
8 |
2.1 - 2.3 |
Equations of Value |
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9 |
└► |
MIDTERM EXAM 1 |
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Week 6 |
10 |
2.3 - 2.4 |
Equations of Value |
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11 |
2.3 - 2.4 |
Equations of Value |
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Week 7 |
12 |
2.5 |
Equations of Value |
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13 |
2.5 |
Equations of Value |
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Week 8 |
14 |
2.6 - 2.7 |
Equations of Value |
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15 |
2.6 - 2.7 |
Equations of Value |
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Week 9 |
16 |
2.7 - 2.8 |
Basic Annuities |
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17 |
2.7 - 2.8 |
Basic Annuities |
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Week 10 |
└► |
Last Day to Withdraw from this course |
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18 |
3.1 - 3.2 |
Basic Annuities |
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19 |
└► |
MIDTERM EXAM 2 |
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Week 11 |
20 |
3.3 - 3.4 |
Basic Annuities |
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21 |
3.5 & 3.7 |
Basic Annuities |
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Week 12 |
22 |
3.5 & 3.7 |
Basic Annuities |
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23 |
3.8 - 3.9 |
Basic Annuities |
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Week 13 |
24 |
3.8 - 3.9 |
Basic Annuities |
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└► |
[Thurs-Sun: Nov. 25-28] Thanksgiving Recess ~ University Closed |
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Week 14 |
25 |
4.1 4.3 |
Yields |
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26 |
4.1 4.3 |
Yields |
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Week 15 |
27 |
4.3 4.5 |
Yields |
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28 |
└► |
REVIEW FOR FINAL EXAM |
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└► |
[TUE & Wed: DEC. 7-8] Classes follow a THURSDAY and FRIDAY Schedule |
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Finals |
Final EXAM WEEK: December 10-16, 2010 |
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Prepared By: Prof. Karen Rappaport
Last revised: May 11, 2010