Description
Financial Mathematics – I
Open Elective (OE)
UG First Year Programme Semester – I
Syllabus (As per NEP 2020) w.e.f. the Academic year 2024-2025
Module 1 : Interest and Annuity
♦ Simple Interest and Compound Interest, Compounded More than Once a Year
♦ Calculations Involving upto 4 Time Periods
♦ Annuity, Immediate and Due, Present Value, Future Value of an Annuity
♦ Equated Monthly Instalments (EMI) using Reducing and Flat Interest System
♦ Simple Interest and Compound Interest, Compounded More than Once a Year
♦ Calculations Involving upto 4 Time Periods
♦ Annuity, Immediate and Due, Present Value, Future Value of an Annuity
♦ Equated Monthly Instalments (EMI) using Reducing and Flat Interest System
Module 2 : Measures of Central Tendency and Dispersion
♦ Arithmetic Mean, Weighted Mean, Combined Mean
♦ Median, Quartiles, Deciles, Percentiles
♦ Mode
♦ Range, Quartile Deviation, Mean Deviation from Mean, Median, mode
♦ Standard Deviation and Their Relative Measures
♦ Arithmetic Mean, Weighted Mean, Combined Mean
♦ Median, Quartiles, Deciles, Percentiles
♦ Mode
♦ Range, Quartile Deviation, Mean Deviation from Mean, Median, mode
♦ Standard Deviation and Their Relative Measures
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