MATH 105 - Lotteries & Loans*SMI

Credits: 4

This course is an introduction to certain areas of mathematics whose applications are important and whose study will help develop critical thinking skills. Two major topics are covered. One topic is the mathematics of finance, or “loans,” which includes borrowing, saving, mortgages, leases and amortization, and derivative securities. The other topic is “lotteries”, which includes the elementary counting techniques including permutations and combinations, finite sample space probability theory, normal distributions and games of chance.

Prerequisites: MATH 095, MATH 098 or equivalent.
General Education Core: Natural, Math & Info Sciences
Course Attributes: CRIT,SMI