SYLLABUS
BUSINESS MATHEMATICS
BUS 109
Introduction
Welcome to Business Mathematics, BUS 109. My name is Lee Akin. I will be
your instructor for this class.
Email: lee.akin@wnc.edu
Be sure to include your name and what chapter or problem you are working on
with all communications. It is my goal to make this a pleasant and anxiety-free
learning experience for you.
Goals and
Objectives
Required Materials
Semester
Time Frame
Reference Number
How it Works
Business Math is a 3-credit course designed to give you an overview of today’s
business world and a working knowledge of its mathematical applications and
procedures. This course will provide you with solid preparation and foundation
for going on to courses and careers in accounting, marketing, retailing,
banking, finance, insurance, real estate, and business administration.
The course begins with a business-oriented review of the basic computational
math skills, including: whole numbers, fractions, and decimals. Once you have
mastered these operations, you will learn the concept of basic equations, and how
they are used to solve business problems. Then you will learn about percents, an
all-important mathematical tool used in business to measure and compare numbers.
Utilizing this knowledge of basic operations, equations, and percents, the
course then moves into specific business math applications such as checking
accounts, invoices, cash discounts, trade discounts, payroll, simple and compound
interest, annuities, consumer credit, and mortgages.
When you have successfully completed BUS 109, you will have a first-hand
working knowledge of many important business math applications. Skills such
as these are essential tools for success in today’s complex business world.
In addition, you will gain valuable understanding of the “time value of money”
concept, and how it relates to many important personal finance issues such as,
budgeting, purchasing, borrowing, investing, and retirement planning.
Textbook: BNDL: Contemporary Mathematics for Business and Consumers, 6th
Edition +CNow W/MATHCUE
ISBN: 978-1-133-07309-3
By Robert Brechner.
Published by Southwestern/Cengage Learning, 2012
NEW ONLY!
Software: Access key for access to CengageBrain website for homework & exams
Spring, 2013
Begins: January 22, 2013 Ends: May 14, 2012
BUS 109
Requirements for Each Chapter
For each chapter, read the chapter material associated with each performance
objective. Be sure to look at the Examples and corresponding Solution Strategy.
Work the Try-It Exercises associated with each objective. Worked-out solutions
to these exercises are at the end of the Chapter Summary Chart.
Practice: Work the Section Review Exercises at the end of each section.
1
Course Grading
Assignments: There will be 16 homework assignments, and 4 exams. Each
assignment is due by the NEXT CLASS of the following week. Due dates for
each assignment are posted on WNC Online.
Late Homework: Will not be accepted without instructor permission.
Exams: There will be four exams each worth 200 points. No make-up exams
will be given.
Grading Specifics:
Homework (16) 25 pts each 40% = 400 pts
Midterms (3) 200 pts each 60% = 600 pts
Final Exam (1) 200 pts 20% = 200 pts The lowest score on one of the 3 three
Midterms will be dropped. You cannot replace the Final or the Homework
Grade. Your grade will be out of 1,000 pts, the scale is outlined below.
The student’s grade will
C = 73% - 76%
be calculated as follows:
A = 95% - 100%
A- = 90% - 94%
C- = 70% - 72%
B+ = 87% - 89%
D+ = 67% - 69%
B = 83% - 86%
D = 63% - 66%
B- = 80% - 82%
D- = 60% - 62%
C+ = 77% - 79%
F = Less than 60%
Answers to the odd-numbered questions are in Appendix A.
Western Nevada College
Lee Akin, MBA, EA
BUSINESS MATHEMATICS
BUS 109
Assignment Schedule
Spring 2013
Week #
ASSIGNMENT
1
Chapter 1 – Whole Numbers
Chapter 2 – Fractions
2
Chapter 3 – Decimals
Chapter 4 – Checking Accounts
3
Chapter 5 – Using Equations to Solve Business Problems
4
Chapter 6 – Percent and Their Applications in Business
5
Chapter 7 – Invoices, Trade Discounts, and Cash Discounts
6
7
Chapter 8 – Markup and Markdown
IN-CLASS REVIEW
ONLINE EXAM 1 (CH 1-6)
Chapter 10 – Simple Interest and Promissory Notes
8
Chapter 11 – Compound Interest and Present Value
9
Chapter 12 − Annuities
10
Chapter 13 – Consumer and Business Credit
2
12
Chapter 14 – Mortgages
IN-CLASS REVIEW
ONLINE EXAM 2 (CH 7, 8, 10, 11, 12, 13)
Chapter 14 – Mortgages
13
Chapter 16 – Inventory
14
Chapter 18 – Taxes
IN-CLASS REVIEW
ONLINE EXAM 3 (CH 14, 16)
15
Chapter 19 – Insurance
16
IN-CLASS REVIEW
ONLINE EXAM 4 (CH 18-19)
11
3