MATH(ACT SCI) 3780(5780) 01    9:00 a.m. MWF         WRT 105    Spring Semester 2013
                                  Mathematics of Finance

********Reasonable accommodations will be made for all students with a qualified
disability.  All requests for accommodations from students claiming disabilities
must be processed through the Office of Disability Services, 103 SHC (Student
Health Center) (273-2676).  **************************************************

**********The University of Northern Iowa is committed to providing a positive
educational environment free of discrimination and harassment. If the actions
of others cause an intimidating, hostile, or offensive environment, students
should contact the Head of the Department where such actions occurred, or the
Office of Compliance and Equity Management.  ********************************

Text:  Kellison, S. G. The Theory of Interest, third edition.  McGraw-Hill. 2009  
Calculator:  TI BA II Plus (This calculator is allowed on the FM exam, and you 
will want to become familiar with it.)
Instructor: Campbell, R. B.  Wright 328.  x-32447  e-mail:
Office hours:  Unless there is excessive demand, office hours will not be
restricted to specified times.  You may either catch me after class, call me on
the phone, or leave an e-mail message to find a time that is mutually
convenient. (I shall generally be in my office MWF 8:00 a.m.).

There will be three tests worth 100 points each and a final worth 125 points. 
Tentative test dates are:

   chapters 1, 2                                01 February      100
   chapters 3, 4, 5?                            ?? March         100
   chapters 5?, 6, 7, 10                        ?? April         100
   chapter  11, comprehensive                   08 May           125
(The coverage and dates are tentative.  I reserve the right to omit sections
of the text and/or provide supplementary material, including material from
chapters/sections not listed.)

There will also be about 10 quizzes worth 7 points each; the best seven will be 
added to your point total:                                         49
Homework will in some manner contribute approximately              50
points to your point total. 

THE FIRST QUIZ WILL BE ON January 18.  There will be no make-up quizzes.
**If you miss more than two quizzes for good cause (and e-mail me at the end of the 
semester), I shall pro-rate your quize scores.**
**If you miss a test, you will make it up at your earliest convenience.**

Cheating of any kind on examinations or quizzes is a serious matter as 
discussed in Policies and Procedures 3.01 Academic Ethics/Discipline 
(  Sanctions may range from 
no credit for the test or quiz to suspension from the University.

Attendance is not a component of your point total, but it is a courtesy to me
to send me an e-mail ( when you cannot attend class.
A dearth of quizzes will negatively impact your grade.
On Friday January 18, I shall pass around a seating plan where you will
indicate where you will sit for the remainder of the semester.  I hope that
this will facilitate my learning of your names and your learning of each
other.  Although I (as a representative of the faculty) and the library are
two important reasons for coming to UNI to learn instead of reading books at
home, your peers are also a valuable resource.

Although this is the third edition, this text is not without errors.  I shall try 
to draw to your attention any inaccuracies I notice.  You are invited to draw 
errata to my attention.  You are also invited to correct any mistakes I make in 
lecture, and mistakes in my web space (if I build a webspace for this course).

This handout has been prepared using PC-Write.  You should learn to
use a word processor before you graduate.  (It has been revised using the TPU
texteditor on ICEMAN/COBRA/VIPER, textedit on a Sun, Kedit under debian
Linux, and gedit under ubuntu linux.)

This course is intended to provide a foundation for the FM actuarial exam. (of 
course persons not taking actuarial exams will find understanding how interest 
works useful.)  I have used the word "foundation" to indicate that the primary focus 
is understanding the concepts which are employed.  There are some topics on the FM 
exam (e.g., derivatives) which are not covered in this course, and you will need 
to hone problem solving before you are ready to take the FM exam.  Many of you will 
need to enhance your facility with calculus.
In the event of a fire [alarm], Wright Hall may be exited by the stairwells 
which are located at each end (north and south) of the building.  Fire 
extinguishers are located near each stairwell on each floor.  In the event of a 
tornado, go to the corridor on the floor where your class is meeting, there is 
not room for everybody to gather on the ground floor if classes are in session; 
DO NOT remain on the third (top) floor in the event of a tornado. 

University of Northern Iowa is an equal opportunity educator and employer with
a comprehensive plan for affirmative action.