Course Description:
Financial Mathematics is an application-based course that integrates advanced mathematical concepts with practical financial literacy. Students will apply critical-thinking skills to analyze their current and future use of money. Core topics include:
• Personal Finance Foundations: Budgeting, financial goal setting, banking systems, credit management, insurance, taxes, and retirement planning (including IRAs and 401(k)s).
• Mathematical Applications: Simple and compound interest, amortization schedules, loan structures, and investment growth modeling using exponential functions.
• Probability and Statistics: Risk analysis, data interpretation, and statistical reasoning in financial contexts.
• Business Entrepreneurial Topics: Cost analysis, budgeting, operational risk and assessment, business scaling for growth, mathematical modeling for forecasting revenue and profit.
• Geometric and Algebraic Concepts: Applied to spatial reasoning in financial planning and resource allocation.
This course satisfies the fourth-year mathematics requirement for high school graduation and is designed to meet college entrance expectations for math rigor.
A calculator is required for this class. (TI 84 Plus CE is highly recommended as its use will be modeled in class. This calculator shows more math on the screen and helps with your understanding.)