FINANCIAL ALGEBRA
 
Lectured in 1st year Business management Optional course finance and insurance
1ste jaar Bedrijfsbeheer
Theory [A] 12.5
Exercises [B] 12.5
Training and projects [C] 0.0
Studytime [D] 75
Studypoints [E] 3
Language of instruction Dutch
Lecturer Francois VERMEULEN
Reference RGBBRX01A14317
 
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)