Course

Course Summary
Credit Type:
Course
ACE ID:
CFTA-0018
Organization's ID:
A236
Location:
Online
Length:
11 weeks (46.35 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 business mathematics
Description

Objective:

The course objective is to provide a comprehensive coverage of personal and business related math topics.

Learning Outcomes:

  • understand how ratios, payments, interest, etc. are calculated
  • understand how gross and net pay are calculated
  • understand the different types of banking accounts and how business math applies to them
  • calculate loan payments and interest
  • understand the cost of credit
  • calculate mortgage payments, including insurance costs
  • calculate life insurance premiums
  • estimate technology costs
  • understand employee recruitment expenses, including the cost of part-time vs. full-time employees

General Topics:

  • Whole numbers
  • How to dissect and solve word problems
  • Fractions
  • Decimals
  • Banking
  • Percent and their applications
  • Discounts: trade and cash
  • Markups and markdowns
  • Payroll
  • Simple interest
  • Promissory notes
  • Compound interest
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Computer Based Training
  • Discussion
  • Practical Exercises

Methods of Assessment:

  • Examinations
  • Other
  • Quizzes
  • Assignments, Discussion Questions

Minimum Passing Score:

70%
Supplemental Materials

Other offerings from Center for Financial Training

(CFTA-0005)
(CFTA-0006)
(CFTA-0007)
(CFTA-0008)
(CFTA-0022)
(CFTA-0009)