Key words Financial algebra
Objectives Transfer of basic knowledge of financial calculation techniques that students will need for other courses and in professional practiceApplication in practical situations like bank and saving accounts, personal and consumer credit, business credit etc.
Stimulate orderly presentation and analytical skills.
Topics Singular intrest and discount
Compound intrest and discount
Equivalent intrests
Intrest prepaid
Due date: fixed and average
Annuities main formula
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: written exam 100%.
Second exam session: written exam 100%.
Examination Board Flemish Community: (ditto regular student).
Lecturer(s)
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