MATH 1010 - Business Mathematics
3 Credits; 3 Lecture Hours
This course begins with basic algebra in solving typical business word problems. Other major topics include the calculation of trade discounts, markup and markdown of perishable merchandise, simple and compound interest, future and present value, discounting promissory notes, calculating annuities, depreciation, inventory and overhead and business statistics. The course ends with arithmetic and geometric mean applications, business applications for elementary statistics, and internal rate of return. Successful completion of MATH 0074 with a grade of C- or better or a COMPASS Algebra score of 31 or higher or ACT Math score of 21 or higher requiredRequired Prerequisite(s): Successful completion of MATH 0074 with a grade of C- or better or COMPASS Algebra score of 31 or higher or ACT Math score of 21 or higher required.
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