Required Books:

Mathematics for Business (14th Edition), Author Clendenen & Salzman

 

 

Course Description:

This is a course of basic college mathematics for business. Topics include: applications of mathematics to business transactions and analysis and solutions of business problems in profit and loss, interest, installment transactions, percent discounts, taxes and payroll.

 

Prerequisite:

Math 0460 or college equivalent with a grade of C or better or a qualifying score on the mathematics placement test (3 lecture hours)

 

 

 

 

 

Withdrawal

A student may drop a class by contacting the Registration office by Jul 12 without the instructor’s approval and will receive a grade of “W”. To withdraw, the student must initiate the withdrawal at the registration office. The instructor will not withdraw the student.

 

 

 

 

 

 

 

Classroom Policies

 

Attendance: is very important to succeed in this class. This class moves
very quickly through the chapters so too much missed time
will cause the student to fall behind.

 

          Tests and Make-ups: There are 4 scheduled tests for this class. If you are
unable to make the test on the scheduled date, you MUST
schedule a make up date within 1 week of the original date or

you will receive a 0 for that test.

 

          Homework: will be assigned throughout the class and will be due on each
test night. Each homework will be evaluated.  Homework should
be turned in on lined paper or graph paper (if applicable)

 

 

 

 

Course Objectives: At the end of this course, each student will be able to:

 

1) Demonstrate competency in arithmetic computations (with and without a
calculator) involving whole numbers, fractions, decimals, and percents.

2) Solve linear equations and formulas for a specified variable.

3) Compute (in a payroll setting) the gross earnings, withholding amount,
and net earnings.

4) Calculate sales tax, property tax, and personal income tax.

5) Compute the trade and cash discounts on an invoice, and compute the
markup and markdown on merchandise

6) Solve word problems involving the basic percent formula, simple
interest, compound interest, and bank discounts.

7) Calculate the future value and present value of an ordinary annuity and
the periodic payment into a sinking fund.

8) Compute the Annual Percentage Rate (APR) of a loan, unearned
interest, for early payoff of a loan, and the monthly payments for
personal property or real estate loans.

9) Demonstrate competency in the use of a calculator to perform basic
computations and the use of the power function to solve compound
interest and annuity problems.

 

 

Contact & Support

 

I can be reached in the following ways:

  • In person support time: (in the classroom after lectures)
  • By phone / text: 630-632-0393
  • Through email: [email protected]

 

 

MATH 1100 SCHEDULE AND DATES

Summer 2020

 

 

 

 

Jun 02:     Introduction, Sections 2.2

Jun 04:     Sections 2.3, 2.4, 2.5

 

 

Jun 9:       Sections 3.1, 3.2, 3.3

Jun 11:     Sections 3.4, 3.5, 4.1

 

 

Jun 16:     Sections 4.2, 4.3, 4.4, Test #1 (Chapters 2, 3, 4)

Jun 18:     Sections 6.1, 6.2, 6.3

 

 

Jun 23:      Sections 6.4, 7.1, 7.2

Jun 25:      Sections 7.3, 7.4, 8.1

 

 

Jun 30:      Sections 8.2, 8.3, 8.4, Test #2 (Chapters 6, 7, 8)

Jul 02:       Sections 9.1, 9.2, 9.3

 

 

Jul 07:     Sections 10.1, 10.2, 10.3, Test #3 (Chapters 9, 10)

Jul 09:     Sections 11.1, 11.2, 11.3

 

 

Jul 14:     Sections 12.1, 12.2, 12.3

Jul 16:     Sections 12.4, 13.1, 13.2

 

 

Jul 21:      Review for Final Exam

Jul 23:      FINAL EXAM

 

 

 

 

 

 

 

 

MATH 1100 HOMEWORK ASSIGNMENTS

                      (15% of Total Grade)

 

 

 

 Hmwk # Chap. Problems Due
1 2

(pages 79 – 80)

3

(pages 121 – 122)

4

(pages 164 – 167)

Chapter 2:  1 – 25

 

Chapter 3:  1 – 20

 

Chapter 4:  1,4,7,10,13,15,17,19,21,23,26,29,31,35,38,41,45,49,

51,53,55,57,59,61,63

 

4444

6/16

2 6

(pages 247 – 248)

7

(pages 281 – 282)

8

(pages 322 – 323)

Chapter 6:  1 – 20

 

Chapter 7:  1 – 16

 

Chapter 8:  1 – 18

6/30
3 9

(pages 374 – 375)

10

(pages 409 – 410)

Chapter 9: 1 – 14,17

 

Chapter 10: 1 – 20

7/7
4 11

(pages 461 – 462)

12

(page 514)

13

(page 571)

Chapter 11:  1 – 18

 

Chapter 12:  1 – 9

 

1 – 7

7/23

 

30 points will be awarded for Homework #1

40 points will be awarded for Homeworks 2, 3, 4

 

Homework MUST be turned in by the START of class time on the due date (unless arrangements have been made prior) or the student will receive a 0 (zero) for that assignment

 

Each homework will be corrected and returned back to each student and should be used as review for chapter tests or the final exam.

 

 

MATH 1100 GRADING INFORMATION

 

 

Test1                      200 point test         20%

 

Test2                      200 point test         20%

 

Test3                      200 point test         20%

 

Homework              150 points              15%

 

 

FINAL EXAM          250 point test         25%

 

TOTAL                   1000 points           100%

 

 

FINAL GRADES

 

A = 900 – 1000 points    (90% – 100%)

B = 800 – 899 points      (80% – 89%)

C = 700 – 799 points      (70% – 79%)

D = 600 – 699 points      (60% – 69%)

F = below 600 points


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