# Mathematics

## Business Mathematics (3-0) 3 Cr. Hrs.

### Course Description

This course offers a review of fundamentals of arithmetic along with coverage of percentage, simple and compound interest, taxes, insurance, bonds and their applications to business practice.

### Prerequisites

(A requirement that must be completed before taking this course.)

• MATH 45 with a minimum grade of 2.0 or minimum placement test score of 16 ACT, 22 SAT or 60 CPT (Arithmetic).

### Course Competencies

Upon successful completion of the course, the student should be able to:

• Calculate basic arithmetic problems with whole numbers, fractions, decimals, percents and ratios.
• Solve algebraic equations and word problems.
• Use key terminology related to business mathematics.
• Balance a checking account.
• Compute gross pay, employee deductions and employer contributions.
• Solve problems involving simple and compound interest, promissory notes and present value.
• Calculate maturity dates, values and time periods related to loans.
• Calculate various types of discounts on invoices.
• Compute markup and markdown on items.
• Calculate present or future value of an annuity.
• Calculate amount of a sinking fund and amortization payment.
• Calculate payments and costs associated with both open- and closed- end credit.
• Determine the most cost effective mortgage based on the payment details and costs.
• Calculate depreciation using standard methods.
• Solve problems involving life, property and motor vehicle insurances.
• Analyze ethical implications of business transactions.

### Course Schedule

CourseSectionCourse TitleModeCredit HoursInstructorsFeeSeats Available ⁄Capacity ⁄WaitlistStatusDays-Time-Room

Fall; 2017; MATHEMATICS; No of Weeks : 12; Begins : 09/19/2017

Fall; 2017; MATHEMATICS; No of Weeks : 15; Begins : 08/28/2017

 F 09:00AM-11:54AM BTC170
 T R 08:00AM-09:20AM BTC300
 T R 03:00PM-04:20PM BTC170
 M W 11:00AM-12:20PM LA110
 M 06:30PM-09:24PM BTC200
 M 03:30PM-05:00PM LA475
 T R 02:30PM-03:50PM RC695

Spring; 2017; MATHEMATICS; No of Weeks : 7; Begins : 05/08/2017

 M W 12:30PM-03:40PM LA100