2011-2012 Catalog 
    
    Apr 19, 2024  
2011-2012 Catalog [ARCHIVED CATALOG]

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BUS 130 - Business Mathematics


Maximum of 5.0 possible Credits
Instruction and review of basic math functions to prepare students for business classes. Ratio-proportion, percents, estimating, basic algebra, trade/cash discounts, promissory notes, credit terms, and other consumer related activities. Transfer limited. Prerequisite: MATH 040  or equivalent with a grade of 2.0 or higher, or appropriate score on Math Placement Test, or advisor’s recommendation. Minimum placement into EAP 121  or BRDGE 093 .

Course Objectives
Upon completion of this course, students will be able to:

  1. Solve word problems using whole numbers fractions, and decimals. Performing addition, subtraction multiplication and division when appropriate. [REASON]
  2. Convert fractions to decimals and decimals to fractions; fractions and decimals to percents. [REASON]
  3. Estimate answers by rounding. [REASON]
  4. Solve equations for unknowns. [REASON]
  5. Solve word problems using simple algebraic equations. [REASON]
  6. Use percents applying the portion formula to solve business problems. [REASON]
  7. Calculate trade discounts-single and chain; cash discounts, credit terms and partial payments; markdowns and selling price of perishables; simple interest and maturity value of financial instruments. [REASON]
  8. Define promissory notes and calculate interest, discount and maturity value. [REASON]



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