Mathematics Department - Math 106 - Special Topics in Mathematics: Mathematics of Money

Math 106 - Special Topics in Mathematics: Mathematics of Money

General Information (Catalog listing)

01:640:106. Selected Topics in Mathematics: The Mathematics of Money Prerequisite:01:640:025. Introduction to the uses of college level mathematics in personal finance applications, including mortgages, student loans, and leasing. Some related non-financial applications. May not be used as an elective for the math major or minor. Not intended for students majoring in business, economics, or STEM fields. Rutgers Business School will not give its students credit for taking this course.

Current Semester: Fall 2016 —Mathematics of Money

Course description:
The subject matter of Math 106 is more focused than that of Math 103, and is highly applicable. Topics include simple interest, simple discount, compound interest, annuities, investments, retirement plans, mortgages, student loans, leasing, and insurance. The emphasis is on problem solving, with some derivation of formulas. Some biological applications and analogies are considered throughout the course.
Math 106 is designed so that reinforcement of basic skills is integrated into the learning of the subject matter.

Math 106 has the same prerequisite as Math 103, satisfies the same graduation requirements, and is intended for the same liberal arts audience.

SAS Core Curriculum Learning Goals

Math 106 fulfills both the Quantitative Information (QQ) and Mathematical or Formal Reasoning (QR) learning goals of the SAS Core Curriculum:
QQ: Formulate, evaluate, and communicate conclusions and inferences from quantitative information.
QR: Apply effective and efficient mathematical or other formal processes to reason and to solve problems.

Schedule Archives

Fall 2016 Schedule

InstructorType Index Section Day(s)/
Time Room
(click for map)
Ullman, Peter L 10785 01 MW7 6:40 PM - 8:00 PM BE-253 LIV
Forgoston, Sacha L 10784 02 MTh3 12:00 PM - 1:20 PM LSH-B105 LIV
Schwarz, Jeffrey L 11864 04 MW4 1:40 PM - 3:00 PM BE-253 LIV
Forgoston, Sacha L 11865 05 MTh2 10:20 AM - 11:40 AM LSH-B105 LIV
Ullman, Peter L 11866 06 MW6 5:00 PM - 6:20 PM BE-252 LIV
Lieberman, Melissa L 16481 07 TF2 10:55 AM - 12:15 PM HCK-216 C/D
Lieberman, Melissa L 16482 08 TF3 12:35 PM - 1:55 PM RAB-204 C/D

Textbook and Syllabus

Click here for details

Disclaimer: Posted for informational purposes only

This material is posted by the faculty of the Mathematics Department at Rutgers New Brunswick for informational purposes. While we try to maintain it, information may not be current or may not apply to individual sections. The authority for content, textbook, syllabus, and grading policy lies with the current instructor.

Information posted prior to the beginning of the semester is frequently tentative, or based on previous semesters. Textbooks should not be purchased until confirmed with the instructor. For generally reliable textbook information—with the exception of sections with an alphabetic code like H1 or T1, and topics courses (197,395,495)—see the textbook list.

This page was last updated on August 29, 2016 at 04:58 pm and is maintained by
For questions regarding courses and/or special permission, please contact
For questions or comments about this site, please contact
© 2016 Rutgers, The State University of New Jersey. All rights reserved.