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:

Solve word problems using whole numbers fractions, and decimals. Performing addition, subtraction multiplication and division when appropriate. [REASON]
Convert fractions to decimals and decimals to fractions; fractions and decimals to percents. [REASON]
Estimate answers by rounding. [REASON]
Solve equations for unknowns. [REASON]
Solve word problems using simple algebraic equations. [REASON]
Use percents applying the portion formula to solve business problems. [REASON]
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]
Define promissory notes and calculate interest, discount and maturity value. [REASON]