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Schedule for Math 400

(Theory of Interest)

Class Dates

Text Reading Assignments and Class Notes

Handout Exercises for Submission

Exercises in red are due next class

Textbook Exercises for Submission

Exercises in red are due next class

08/25 M

Sections 1.1, 1.2, 1.3, 1.4 (Class Notes)

Preliminary Assignment

1‑1, 1‑2, 1‑3, 1‑4

08/26 T

 

Homework #1(all)

 

08/27 W

Sections 1.5, 1.6 (Class Notes)

Homework #2(all)

1‑5, 1‑6, 1‑7, 1‑8, 1‑9, 1‑10, 1‑11, 1‑12

08/29 F

Sections 1.7, 1.8 (Class Notes)

Homework #3(all)

1‑13, 1‑14(this can be done only for compound interest), 1‑15, 1‑16, 1‑17, 1‑18, 1‑19

09/01 M

Sections 1.9, 1.10, 1.11 (Class Notes)

Homework #4(all)

1‑20, 1‑21, 1‑22, 1‑23, 1‑24(Hint: write everything in terms of d), 1‑25, 1‑26, 1‑27, 1‑28, 1‑29, 1‑30, 1‑31

09/02 T

Sections 2.1, 2.2, 2.3, 2.4, 2.5 (Class Notes)

Homework #5(all)

1‑32, 1‑33, 1‑34, 1‑35, 1‑36, 1‑37, 1‑38, 1‑39, 1‑40, 1‑41

09/03 W

Sections 2.6, 2.7 (Class Notes)

Homework #6(all)

1‑42, 1‑43, 1‑44, 1‑45, 1‑46, 1‑47, 1‑49

09/05 F

TEST #1 which covers Chapter 1

09/08 M

Sections 3.1, 3.2, 3.3 (Class Notes)

Homework #7(all)

2‑1, 2‑2(“cart” should be “card” in the first sentence), 2‑3, 2‑4, 2‑5, 2‑6, 2‑7, 2‑8, 2‑9, 2‑10, 2‑11, 2‑12, 2‑13, 2‑14, 2‑15, 2‑16, 2‑17, 2‑18

09/09 T

 

 

 

09/10 W

Section 3.4 (Class Notes)

Homework #8(all)

2‑19, 2‑20, 2‑21, 2‑22, 2‑23, 2‑24, 2‑25, 2‑26, 2‑27, 2‑28, 2‑29, 2‑30, 2‑31, 2‑32, 2‑33

09/12 F

09/15 M

Sections 3.5, 3.6, 3.7, 3.8 (Class Notes)

Homework #9(all)

3‑1, 3‑2, 3‑3, 3‑4, 3‑5, 3‑6*, 3‑7, 3‑8, 3‑9, 3‑10, 3‑11, 3‑12, 3‑13, 3‑14, 3‑15, 3‑17

*Solve for vn in terms of x, solve for v2n in terms of y, and use the fact that v2n = (vn)2

09/16 T

 

 

 

09/17 W

Sections 4.1, 4.2, 4.3, 4.4 (Class Notes)

Homework #10(all)

3‑18, 3‑19, 3‑20, 3‑21, 3‑22, 3‑23, 3‑24, 3‑25, 3‑26, 3‑27, 3‑28, 3‑29, 3‑30, 3‑31, 3‑32, 3‑33, 3‑34, 3‑35, 3‑40, 3‑41, 3‑42, 3‑43, 3‑44, 3‑45

09/19 F

TEST #2 which covers primarily Chapter 2 but problems on previous material may be included

09/22 M

Sections 4.5, 4.6 (Class Notes)

Homework #11(all)

4‑1, 4‑2, 4‑3, 4‑4, 4‑5, 4‑6, 4‑7, 4‑8, 4‑9, 4‑10, 4‑11, 4‑12, 4‑13, 4‑14, 4‑15, 4‑16, 4‑17, 4‑18, 4‑19, 4‑20

09/23 T

 

 

 

09/24 W

Sections 4.7, 4.8, 4.9 (Class Notes)

Homework #12(all)

4‑21, 4‑22, 4‑23, 4‑24, 4‑25, 4‑26, 4‑27, 4‑28, 4‑29, 4‑30, 4‑31, 4‑32, 4‑33, 4‑35, 4‑36, 4‑37, 4‑38, 4‑44, 4‑45, 4‑46, 4‑47, 4‑48, 4‑50(a)

09/26 F

(all)

 

 

09/29 M

Sections 5.1, 5.2 (Class Notes)

Homework #13(all)

5‑1, 5‑2, 5‑3, 5‑4, 5‑5, 5‑6, 5‑7, 5‑8, 5‑9, 5‑10, 5‑11, 5‑12, 5‑13, 5‑14, 5‑15, 5‑16

09/30 T

 

 

 

10/01 W

Sections 5.3, 5.4 (Class Notes)

Homework #14(all)

5‑17, 5‑18, 5‑19, 5‑20, 5‑21, 5‑22, 5‑23, 5‑24

10/03 F

TEST #3 which covers primarily Chapter 3 but problems on previous material may be included

10/06 M

Section 5.5 (Class Notes)

Homework #15(all)

5‑25, 5‑26, 5‑27, 5‑28

10/07 T

 

 

 

10/08 W

Section 5.6 (Class Notes)

Homework #16(all)

5‑29, 5‑30, 5‑31, 5‑32, 5‑33, 5‑34, 5‑35, 5‑44, 5‑45, 5‑46, 5‑47, 5‑48, 5‑49, 5‑50

10/10 F

Sections 6.1, 6.2, 6.3 (Class Notes)

Homework #17(all)

6‑1, 6‑2, 6‑3, 6‑4, 6‑5, 6‑6, 6‑7, 6‑8, 6‑9, 6‑10

10/13 M

 

 

 

10/14 T

 

 

10/15 W

TEST #4 which covers primarily Chapter 4 but problems on previous material may be included

10/20 M

Sections 6.4, 6.5, 6.6, 6.7, 6.8, 6.10, 6.11 (Class Notes)

Homework #18(all)

6‑11, 6‑12, 6‑13, 6‑14, 6‑15***, 6‑16, 6‑17, 6‑18, 6‑19, 6‑20, 6‑21, 6‑22, 6‑23

***I cannot get the answer in the textbook

10/21 T

 

 

10/22 W

 

Homework #19(all)

6‑24***, 6‑25, 6‑26, 6‑29, 6‑30, 6‑31***, 6‑35, 6‑36, 6‑37, 6‑38, 6‑39***, 6‑40, 6‑41, 6‑42, 6‑43

***I cannot get the answer in the textbook to all parts

10/24 F

 

 

10/27 M

Sections 7.1, 7.2, 7.3 (Class Notes)

Homework #20(all)

7‑1, 7‑2, 7‑3, 7‑4, 7‑5, 7‑6*, 7‑7, 7‑8, 7‑9

*I needed the Solver in Excel

10/28 T

 

 

 

10/29 W

 

 

 

10/31 F

TEST #5 which covers primarily Chapter 5 but problems on previous material may be included

11/03 M

 

 

 

11/04 T

 

 

 

11/05 W

Sections 7.4, 7.5 (Class Notes)

Homework #21(all)

7‑10, 7‑11, 7‑12, 7‑13, 7‑14, 7‑15*, 7‑16*, 7‑17, 7‑18, 7‑19, 7‑20, 7‑21, 7‑22, 7‑23

*I needed the Solver in Excel

11/07 F

 

 

 

11/10 M

Sections 7.6, 7.7 (Class Notes)

Homework #22(all)

7‑24, 7‑25***, 7‑26, 7‑27, 7‑28, 7‑29, 7‑30, 7‑31, 7‑32**, 7‑33, 7‑34, 7‑35, 7‑36

***I cannot get the answer in the textbook

11/11 T

Sections 9.4 (Class Notes)

Homework #23(all)

 

Chapter 9 Exercises #4 to 9

9‑1, 9‑2, 9‑3, 9‑4, 9‑5, 9‑7, 9‑8, 9‑9

11/12 W

Sections 10.1 to 10.4 (Class Notes)

Chapter 10 Exercises #3 to 5

10‑1, 10‑2, 10‑11, 10‑13, 10‑14

11/14 F

Sections 11.1 to 11.4 (Class Notes)

Chapter 11 Exercises #6 to 9

11‑1, 11‑2, 11‑4, 11‑5, 11‑6, 11‑7, 11‑8, 11‑9, 11‑11, 11‑15, 11‑16

11/17 M

 

 

 

11/18 T

 

 

 

11/19 W

 

 

 

11/21 F

 

 

 

11/24 M

TEST #6 which covers primarily Chapters 6 and 7 but problems on previous material may be included

12/01 M

Sections 11.5, 11.6

 

 

12/02 T

Sections 11.7, 11.8

Homework #27

 

12/03 W

 

Homework #28

 

12/05 F

 

 

 

12/08-12

Final Exam (in the time slot on the final exam schedule).  About half of the final exam will cover material from Chapters 9, 10, and 11; the other half of the final exam will cover Chapters 7, 9, 10, and 11.


The following errors in the textbook The Theory of Interest need to be corrected:

 

(1) The denominator of the middle expression of formula (1.12) on page 13 needs to be changed from “(1 + t)t ” to “(1 + i)i ”.

 

(2) The left side of formula (4.31a) on page 134 needs to be changed from “ i + i/ ” to “ 1 + i/ ”.

 

(3) The last term in the formula immediately above formula (4.38) on page 138 needs to be changed

 

 

from

 n

v

 k

 

to

 n

vn  .

 k

 

(4) Immediately above formula (5.11) on page 173, the exponent of the terms in the summation from t=1 to t=n needs to be changed from “n–1” to “nt”.

 

(5) In the first complete sentence at the top of page 218, the word “form” needs to be changed to the word “from”.

 

(6) The answer to Chapter 3 Exercise #38 needs to be changed in the back of the text from 14.5 to 13.37543.

 

(7) In Chapter 6 Exercise #38, the word “tears” needs to be changed to the word “years”.

 

(8) In ???????????, the word “matter” needs to be changed to the word “manner”.