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Introduction to Business Mathematics - Course Overview | BUS 101, Study notes of Mathematical finance

Material Type: Notes; Class: Business Mathematics; Subject: Business; University: Central Arizona College; Term: Fall 2008;

Typology: Study notes

Pre 2010

Uploaded on 08/19/2009

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Central Arizona College
8470 N. Overfield Rd.
Coolidge, AZ 85228
Phone: (520) 494-5206 Fax: (520) 494-5212
BUS 101 Business Mathematics
Catalo
g
Description:
A study of arithmetic computations as applied in various
business transactions including discounts, interest, payroll,
bank reconciliations, and basic business statistics.
Credit Hours: 3
Effective Term: Fall 2008
Terms Offered: All Terms
Teaching Methods: Lecture
Modalities: Correspondence Face to Face Hybrid course IITV
Online
Prerequisite(s): MAT082 or higher; RDG100A or RDG100B
Corequisite(s): None
Times for Credit: 1
Grading Option: A/F
Credit Breakdown: 3 lectures
Cross Listed: n/a
Learnin
g
Outcomes:
1. (Application Level) Apply math concepts to solve
business problems.
2. (Application Level) Demonstrate the skills needed to
reconcile a bank account.
3. (Application Level) Compute appropriate cash and
trade discounts and agent commissions based on a sales or
purchase invoice.
4. (Application Level) Determine gross pay, deductions,
and net pay for various employees including pay based on
hourly rates, salaries, and commissions.
5. (Evaluation Level) Compute and compare simple and
compound interest rates on business and consumer loans.
6. (Evaluation Level) Calculate interest, due dates, and
proceeds for promissory notes.
7. (Evaluation Level) Determine the tax base for a piece of
pf2

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Download Introduction to Business Mathematics - Course Overview | BUS 101 and more Study notes Mathematical finance in PDF only on Docsity!

Central Arizona College

8470 N. Overfield Rd. Coolidge, AZ 85228 Phone: (520) 494-5206 Fax: (520) 494-

BUS 101 Business Mathematics

Catalog Description:

A study of arithmetic computations as applied in various business transactions including discounts, interest, payroll, bank reconciliations, and basic business statistics. Credit Hours: 3 Effective Term: Fall 2008 Terms Offered: All Terms

Teaching Methods: Lecture

Modalities: Correspondence Face to Face Hybrid course IITV Online Prerequisite(s): MAT082 or higher; RDG100A or RDG100B Corequisite(s): None Times for Credit:^1 Grading Option: A/F

Credit Breakdown: 3 lectures

Cross Listed: n/a Learning Outcomes:

  1. (Application Level) Apply math concepts to solve business problems.
  2. (Application Level) Demonstrate the skills needed to reconcile a bank account.
  3. (Application Level) Compute appropriate cash and trade discounts and agent commissions based on a sales or purchase invoice.
  4. (Application Level) Determine gross pay, deductions, and net pay for various employees including pay based on hourly rates, salaries, and commissions.
  5. (Evaluation Level) Compute and compare simple and compound interest rates on business and consumer loans.
  6. (Evaluation Level) Calculate interest, due dates, and proceeds for promissory notes.
  7. (Evaluation Level) Determine the tax base for a piece of

Central Arizona College BUS 101- Business Mathematics Page 2 of 2

real estate and compute the property tax when given the rules for computing. Standards: 1. Correctly add, subtract, multiply, and divide whole numbers, fractions, decimals, and percents for a given set of problems based on business applications.

  1. Successfully reconcile bank accounts.
  2. Choose and apply the correct formulas for correctly solving specific business problems.
  3. At a 70% level, explain and demonstrate how real estate taxes are computed. AGEC/Special Requirements: None

Revised: 9/