MATH 1140 - Section 002 Nicolas Fourrier
Spring 2011
Financial Mathematics Syllabus Course Location: New Cabell Hall 222 Course Meeting Time: TuTh 12:30AM - 1:45PM
Instructor: Nicolas Fourrier Email:
[email protected] Web Page: http://people.virginia.edu/˜nf9kc/
Office: Kerchoff hall 209 Office Hours: Tu 2:00 - 3:00 p.m.
Course Content: The study of the mathematics needed to understand and answer a variety of questions that arise in everyday financial dealings. Topics include simple and compound interest, valuation of bonds, amortization, sinking funds and rates of return on investments. A solid understanding of algebra is assumed. During the course, we will cover material from chapters 1-7 of our text-book, excluding sections 1.10, 2.6, 3.3, 3.8, 3.9 and 5.7. Notice that we will cover more sections in the book than we have class periods, so we will move quickly. Our pace during the semester will dictate how much of chapter will be covered. Text: Mathematics of Interest Rates and Finance, by Guthrie and Lemon Attendance Policy: Regular attendance is expected. You are responsible for any announcements made in class and any email I send to your UVA email account. Attendance and class participation may also be used in determining borderline grades. Students are expected to be on time for class and stay for the entire class period. Students arriving after the door is closed cannot attend the class. Homework: Homework will be assigned regularly. Your homework will not be graded. However, you should complete each assignement in a timely manner so that you will be prepared for tests, quizzes and the subsequent material covered in class. Quizzes: Pop quizzes will be approximately 10-20 minutes in length and will be closely based on homework problems, in-class excercices, definitions... Material covered in class can be asked anytime. No makeups are given on quizzes, however the lowest two quizzes will be dropped.
Midterm Exams: There will be three midterm exams given during the semester. Midterm Exam 1: Thursday, February 17 Midterm Exam 2: Thursday, March 3 Midterm Exam 3: Thursday, April 14
Covers sections: through Ch. 2 Covers sections: through Sec. 3 Covers sections: through Ch. 5
Midterm exams will be held during our normal class time. No make-up will be given. Please note the date of the 2nd midterm exam and do not make travel plans that conflict with this exam. Final Examination: The final exam will be given during the examinations’ week. As soon as the date is known, according to the University policy, the date and time of the final exam may not be changed without the proper paperwork from the dean’s office, nor can a final exam be taken early. Sections covered on Final Exam are cumulative. Course Grade: The course grade will be determined as follows: Quiz average: 25% Midterm Exam 1: 15% Midterm Exam 2: 15% Midterm Exam 3: 15% Final Examination: 30% Solutions: Solutions to every quiz will be posted on my Web Page under “Teaching - Spring 2011” as soon as possible after the quiz has been taken. Also, general information said in class will be online. Cell Phones: All cell phones must be silenced before coming to class and remain so throughout the entirety of the period. If anyone’s cell phone gets caught going off (this includes cell phones which vibrate), that individual will be required to bring cookies the following class meeting as restitution. Failure to comply will result in a zero on the next quiz. Calculators: Calculators will be allowed for any of the quizzes or exams. However, no program should be stored in the calculators. Learning Needs: If you have learning needs that have been evaluated by the Learning Needs and Evaluation Center (LNEC), please provide me with the documentation from LNEC as soon as possible. Math Tutoring Center: There is walk-in tutoring available during the day in Wilson 234 as well as tutoring in Cabell 423, 424 and 431 during the evenings. Both of the ressources are free. Information about these services is available at http://www.math.virginia.edu/ dmg4c/mthtutor.html for a schedule. Honor Code: Quizzes and exams are to be taken without aid of any kind. However, you are encouraged to consult with others on exam and quiz preparation.
