Instruction and practice in fundamental business operations. Begins with basic mathematical operations and then continues through payroll, banking, interest, income tax, and other areas of business mathematics.
Prerequisites
None.
Student Learning Outcomes
- Calculate basic math problems.
- Calculate the basics of fractions.
- Calculate the basics of decimal numbers.
- Calculate the reconciliation of a checking account.
- Solve equations for the unknown and prove the solution.
- Calculate the basics of percentages.
- Calculate a simple payroll including gross earnings, taxes, and other deductions.
- Calculate the basics of simple interest.
- Calculate the basics of compound interest.
- Calculate annuities and sinking funds.
- Calculate business and consumer loans.
- Complete and analyze a balance sheet and income statement.
- Calculate property tax and personal income tax.
- Calculate fire, motor vehicle, and life insurance.
- Calculate stock value and bond value.
- Read and interpret business statistics and data presentation.