My course materials in BMAT2 (Mathematics of Investment) is more complete than the others because, whenever I take an overload, I am almost always given this subject. So over the years, I have accumulated materials not only for handouts, problem sets, quizzes, and major examinations but also actual examples of promissory notes, amortization tables, print advertisements from which amortization problems arise, and stock certificates. I have also developed a collection of browser-based, JavaScript routines which acts like a calculator and allows a user to get values like
F,
P,
S,
A,
R,
OB by simply inputting the required values.
Here's my list of topics:
- Module 1 - Simple Interest and Discount Interest
- Module 2 - Compound Interest, Comparing Rates, Equation of Values, and Varying Interest
- Module 3 - Simple Annuities (Ordinary Annuity, Annuity Due, Deferred Annuity)
- Module 4 - Amortization and Sinking Funds
- Module 5 - Stocks and Bonds
This list is pretty good since similar offerings here and abroad contain basically the same topics. The challenge is in making sure that we have more concrete examples. For example, the promissory notes in the textbook are quite basic and are far from actual ones issued by banks and other financial institutions. I make it a point to show my students actual examples. The same is true for amortization schedules. I have been showing amortization schedules of my two housing loans with Metrobank and Equitable PCI Bank and students seem to be able to
connect more with the topic. The same is true for checks, stock certificates, etc.
So my current work in BMAT2 consists of converting the documents to OpenOffice.org formats. Once done with the conversion, I will then look at my Discrete Mathematics and Trigonometry materials.
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