Course

Course Summary
Credit Type:
Course
ACE Course Number:
ICS-0056
Organization Course Number:
MAT106
Organization:
Location:
Online
Length:
Self-paced over 52 weeks (135 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 business mathematics
Description

Objective:

The course objective is to provide the student with a foundation in basic mathematical operations. Topics covered include percentages; discounts; interest; present worth; sinking funds; installment buying; pricing; depreciation; investments; insurance; use of symbols and their applications, equations and formulas; and the importance of statistics.

Learning Outcomes:

  • show calculations involved in simple interest, compound interest, and time value of money
  • analyze various financial concepts related to taxes, insurance, financial investments, and basic business statistics
  • Understand and use a checking account and prepare a bank statement reconciliation
  • Understand, write, and solve business-related equations
  • Apply knowledge of business math to taxes, insurance, and investments
  • And interpret business date and statistics and present them in an understandable format
  • Apply your knowledge of business math to annuities, consumer and business credit, mortgages, financial statements and ratios, inventory, and depreciation
  • Apply your knowledge of business math to taxes, insurance, and investments
  • Upon completion of the course, the student will be able to perform basic operations using whole numbers, fractions, decimals, and percent's
  • And interpret business data and statistics and present them in an understandable format
  • Add, subtract, multiply, and divide algebraicexpressions
  • And understand interest, installment buying, pricing, depreciation, investments, insurance symbols and theirapplication, equations and formulas, and the importance of statistics
  • Upon the successful completion of this course, the student will be able to perform basic operations using whole numbers,fractions, decimals, and percents
  • Understand and use a checking account and prepare a bank statement reconciliation
  • understand, write, and solve business-related equations
  • Perform basic business-related math involving invoices,trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interestand present value
  • Apply knowledge of business math to taxes, insurance, and investments
  • Apply knowledge of business math to annuities, consumer and business credit, mortgages, financial statements and ratios, inventory, and depreciation
  • Use a checking account and prepare a bank statement reconciliation
  • Write and solve business-related equations
  • Apply your knowledge of business math to annuities, consumer and business credit, mortgages, financial statements and ratios, inventory, and depreciation
  • analyze functions of whole numbers, fractions, decimals, and percentages
  • prepare various business math applications involving financial reports, installment buying, and depreciation
  • Perform basic business-related math involving invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value
  • Upon completion of this course, the student will be able to perform basic operations using whole numbers, fractions, decimals, and percentages
  • Perform basic business-related math involving invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value
  • Perform basic business-related math involving invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value
  • Apply your knowledge of business math to taxes, insurance, and investments
  • Identify positive and negative numbers
  • Write and solve business-related equations
  • Use a checking account and prepare a bank statement reconciliation

General Course Topics:

  • Whole numbers
  • Fractions
  • Decimals
  • Percentages
  • Simple interest
  • Compound interest
  • Time value of money
  • Business math applications
  • Taxes
  • Insurance
  • Investments
  • Business statistics
Instruction & Assessment

Instructional Strategies:

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

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials