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Schedule for Math 400

(Theory of Interest)

Class Dates

Text Reading Assignments and Class Notes

Handout Exercises for Submission

Textbook Exercises for Submission

08/27 M

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

Preliminary Assignment

08/28 T

 

Homework #1

1‑1, 1‑2, 1‑3, 1‑4

08/29 W

Sections 1.5, 1.6 (Class Notes)

Homework #2

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

08/31 F

Sections 1.7, 1.8 (Class Notes)

Homework #3

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

09/03 M

Sections 1.9, 1.10, 1.11 (Class Notes)

Homework #4

1‑20, 1‑21, 1‑22, 1‑23, 1‑24, 1‑25, 1‑26, 1‑27, 1‑28, 1‑29, 1‑30, 1‑31

09/04 T

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

Homework #5

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

09/05 W

Sections 2.6, 2.7 (Class Notes)

Homework #6

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

09/07 F

TEST #1 which covers Chapter 1

09/10 M

Sections 3.1, 3.2, 3.3 (Class Notes)

Homework #7

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

09/11 T

 

 

 

09/12 W

Section 3.4 (Class Notes)

Homework #8

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

09/14 F

09/17 M

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

Homework #9

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

09/18 T

 

 

 

09/19 W

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

Homework #10(due Thursday Dec 20)

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, 3‑34, 3‑35, 3‑40, 3‑41, 3‑42, 3‑43, 3‑44, 3‑45

09/21 F

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

09/24 M

Sections 4.5, 4.6 (Class Notes)

Homework #11(due Thursday Dec 20)

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(due Thursday Dec 20)

09/25 T

 

 

 

09/26 W

Sections 4.7, 4.8, 4.9 (Class Notes)

Homework #12(due Thursday Dec 20)

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, 4‑46, 4‑47, 4‑48, 4‑50(a) (due Thursday Dec 20)

09/28 F

 

 

10/01 M

Sections 5.1, 5.2 (Class Notes)

Homework #13(due Friday Dec 28)

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(due Friday Dec 28)

10/02 T

 

 

 

10/03 W

Sections 5.3, 5.4 (Class Notes)

Homework #14(due Friday Dec 28)

5‑17, 5‑18, 5‑19, 5‑20, 5‑21, 5‑22, 5‑23, 5‑24(due Friday Dec 28)

10/05 F

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

10/08 M

Section 5.5 (Class Notes)

Homework #15(due Friday Dec 28)

5‑25, 5‑26, 5‑27, 5‑28(due Friday Dec 28)

10/09 T

 

 

 

10/10 W

Section 5.6 (Class Notes)

Homework #16(due Friday Dec 28)

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(due Friday Dec 28)

10/15 M

Sections 6.1, 6.2, 6.3 (Class Notes)

Homework #17(due Friday Jan 4)

6‑1, 6‑2, 6‑3, 6‑4, 6‑5, 6‑6, 6‑7, 6‑8, 6‑9, 6‑10(due Friday Jan 4)

10/16 T

 

 

 

10/17 W

 

 

10/19 F

TEST #4 which covers primarily Chapter 4 but problems on previous material may be included (Thursday Dec 27)

10/22 M

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

Homework #18(due Friday Jan 4)

6‑11, 6‑12, 6‑13, 6‑14, 6‑15, 6‑16(due Tuesday Nov 27), 6‑17, 6‑18, 6‑19, 6‑20, 6‑21, 6‑22, 6‑23(due Friday Jan 4)

10/23 T

 

 

10/24 W

 

Homework #19(due Friday Jan 4)

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(due Friday Jan 4)

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

10/26 F

 

 

10/29 M

Sections 7.1, 7.2, 7.3 (Class Notes)

Homework #20(due Friday Jan 11)

7‑1, 7‑2, 7‑3, 7‑4, 7‑5, 7‑6*, 7‑7, 7‑8, 7‑9(due Friday Jan 11)

*I needed the Solver in Excel

10/30 T

 

 

 

10/31 W

 

 

 

11/02 F

TEST #5 which covers primarily Chapter 5 but problems on previous material may be included (Thursday Jan 3)

11/05 M

 

 

 

11/06 T

 

 

 

11/07 W

Sections 7.4, 7.5 (Class Notes)

Homework #21(due Friday Jan 11)

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(due Friday Jan 11)

*I needed the Solver in Excel

11/09 F

 

 

 

11/12 M

Sections 7.6, 7.7 (Class Notes)

Homework #22(due Friday Jan 11)

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(due Friday Jan 11)

**I cannot get the answer in the textbook

11/13 T

Homework #23(due Friday Jan 11)

12/10-14

Final Exam.  About half of the final exam will cover material from Chapters 6 and 7; the other half of the final exam will cover Chapters 1 to 5. (Monday Jan 14)


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”.