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-level Learning Objectives (CLOs)
Upon successful 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; convert 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]