MATH 1011 Syllabus
Subject Code
MATH
Course Number
1011
Course Title
Business Mathematics
Prerequisites
MATH 0097 with a grade of C* or higher or placement by diagnostic testing
Corequisites
Terms Offered
Offered Fall
Credit Hours
(3-0-3)
Course Description
This course emphasizes mathematical concepts found in business situations. Topics include basic mathematical skills; mathematical skills in business-related problem solving; and mathematical information for documents, graphs, and mathematical problems.
Course Outcomes
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Basic Mathematical Skills
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Order
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Description
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1
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Add, subtract, multiply, and divide whole numbers, fractions, and decimals.
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2
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Convert among fractions, decimals, and percents.
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3
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Calculate percentage, base, or rate in number sentences and word problems.
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4
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Solve applied problems involving percents or increase and decrease.
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Mathematical Skills in Business-Related Problem Solving
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Order
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Description
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1
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Calculate trade and cash discounts.
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2
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Calculate markup and markdown.
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3
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Calculate simple interest, simple discount, and compound interest.
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Mathematical Information for Documents
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Order
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Description
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1
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Calculate the extensions on an invoice.
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2
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Calculate sales tax on an invoice.
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3
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Calculate averages for simple business documents.
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4
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Calculate the extension on a purchase order.
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5
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Calculate the sales tax on a purchase order.
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6
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Calculate the interest due on promissory notes.
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7
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Calculate single payment interest.
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8
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Calculate unpaid balance interest.
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9
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Compare cash discount and loan interest.
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10
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Calculate discount interest.
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Graphs
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Order
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Description
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1
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Determine the mean, median, and mode of ungrouped and grouped data.
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2
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Present statistical data on table, line graphs, bar graphs, and circle graphs.
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