Objective:
The course objective is to provide comprehensive coverage of personal and business related math topics.
Learning Outcomes:
- Upon completion of the course, the student will be able to 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 mortgage payments, including insurance costs
- Calculate life insurance premiums
- Estimate technology costs
- And understand employee recruitment expenses, including the cost of part-time vs. full-time employees
- Calculate loan payments and interest
- Understand the cost of credit
General Course Topics:
- Whole numbers, how to dissect and solve word problems, fractions, decimals, banking, percents and their applications, discounts: trade and cash, markups and markdowns, payroll, simple interest, promissory notes, and compound interest