Session 2014-1 Spring
D221
Wednesdays 6:00-10:00 pm
January 13 – March 9, 2014
Mrs. Jessica Call
Email: jcall@ben.edu
Cell phone: 217-971-6791 (9 am – 9 pm)
PRE-ASSIGNMENT: Obtain the textbook and a mathematical calculator. Read chapters 1 and 2
in the textbook in preparation for our first class. Get acquainted with our class D2L page. Please
read over the notes provided for you on D2L.
MATH 104-70 – ADVANCED BUSINESS MATHEMATICS
I.
COURSE DESCRIPTION
This course is designed to provide the student with a good understanding of proper problemsolving techniques; simplifying algebraic expressions; solving first-degree equations; the
properties of lines, graphs and functions; modeling and analysis of functions; and solving finance
problems.
II.
TEXTBOOK AND MATERIALS
Required text: Business Math (with study guide) by Cleaves, Hobbs, and Noble; 9th edition, 2012;
ISBN 978-0-13-261393-4
Additional materials: 3-ring binder and mathematical calculator. A TI-83 Plus or TI-84 Plus
calculator is recommended. Calculators on cell phones are not acceptable.
III.
MISSION STATEMENT
Benedictine University is dedicated to the education of undergraduate and graduate students
from diverse ethnic, racial and religious backgrounds. As an academic community committed to
liberal arts and professional education distinguished and guided by our Roman Catholic tradition
and Benedictine heritage, we prepare our students for a lifetime as active, informed and
responsible citizens and leaders in the world community.
IV.
GOALS, OBJECTIVES, AND STUDENT LEARNING OUTCOMES
GOALS:
To help students develop a better appreciation for and understanding of mathematical
concepts that are vital in the business world. The course emphasizes the practical
applications of mathematical concepts to current business situations.
COURSE OBJECTIVES: Upon successful completion of this course, each student will be able to:
 Demonstrate the ability to understand the problem, assess the need, identify an
appropriate strategy to solve the problem, select the necessary mathematical techniques
to implement the strategy, and evaluate the effectiveness of the strategy.
 Compute arithmetic expressions, including those involving fractions and decimals.
 Interpret graphs.
 Facilitate banking transactions.
 Simplify expressions and solve linear equations.
 Solve problems using percents.
 Identify key concepts in business statistics.
 Model and solve finance problems.
 Use a calculator to evaluate expressions and solve problems.
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V.
TEACHING METHODS/DELIVERYSYSTEM
This course is a combination of lectures, demonstrations of the problem solving process, and inclass individual/group work. The student is expected to actively participate in all of the methods
of delivery.
VI.
COURSE REQUIREMENTS
Attendance Policy
This course is highly accelerated, and students will need to take a great deal of responsibility for
their own learning outcomes. Attendance is required in each class meeting for the full period of
time. Any absence must be due to extraordinary circumstances and will require documentation
for it to be considered excused. Documentation must be provided immediately in order to
determine what, if any, accommodations are reasonable or possible. Class attendance will
directly impact your final grade, and each undocumented absence will be considered unexcused
and will result in a 20% reduction in the final grade for the course.
Reading Assignments
Students are expected to read the sections of the textbook covered in the Topical Course Outline
(section VIII) prior to each class session. Particular attention should be given to the worked out
examples of problems provided by the author of the textbook.
Be Fully Prepared!
Bring your textbook, paper, pencil, calculator, and 3-ring binder to every class. Pens may be
used for notes, but all assignments/quizzes/tests must be completed in pencil. Homework should
be ready to turn in at the beginning of class. Be prepared to participate in every class session.
Homework
In order to receive full credit for an assignment, you must complete your assignment neatly and
show all of your work. You are not merely graded for correctness, but also on your ability to show
how you arrived at your solutions. You are allowed to work together on homework or to seek
assistance from a tutor. However, it is not acceptable or tolerated to copy from anyone else or
have someone else complete your assignment.
As this is an accelerated course with a week between each class session, late assignments will
not be accepted.
Tests/Final Exam
There will be 5 in-class tests during the semester and a comprehensive final exam. Please see
the Topical Course Outline (section VIII) for details.
Classroom Etiquette
Refrain from socializing and any other behaviors that may distract others. Please turn your cell
phones off during class! Put them away until class is over. Failure to abide by this rule will result
in your dismissal from that class period.
Benedictine University at Springfield Student Academic Honesty Policy
The search for truth and the dissemination of knowledge are the central missions of a university.
Benedictine University at Springfield pursues these missions in an environment guided by our
Roman Catholic tradition and our Benedictine heritage. Integrity and honesty are therefore
expected of all University students. Actions such as cheating, plagiarism, collusion, fabrication,
forgery, falsification, destruction, multiple submission, solicitation, and misrepresentation are
violations of these expectations and constitute unacceptable behavior in the University
community.
Student’s Responsibility
Though there is no formal honor code at Benedictine University at Springfield, students are
expected to exhibit academic honesty at all times. Violations against academic honesty are
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always serious and may result in sanctions that could have profound long-term effects. The final
responsibility for understanding the Academic Honesty Policy of the institution, as well as the
specific policies for individual courses normally found in syllabi, rests with students. If any doubt
exists about what constitutes academic dishonesty, students have the responsibility to talk to the
faculty member. Students should expect the members of their class to be academically honest.
If students believe one or more members of the class have been deceitful to gain academic
advantage in the class, students should feel comfortable to approach the faculty member of the
course without prejudice.
Violations of the Academic Honesty Policy will be reported to the Office of the Dean of Academic
Affairs. Along with a verbal warning, the following are consequences a student may face for
academic dishonesty:
 a failing grade or “zero” for the assignment;
 dismissal from and a failing grade for the course; or
 dismissal from the Institution.
VII.
MEANS OF EVALUATION
Five In-Class Tests:
60%
Homework, In-class work, participation: 25%
Final Exam:
15%
100%
Grading Scale:
A: 90-100%
B: 80-89%
C: 70-79%
D: 60-69%
F: below 60%
If a student believes that an error has been made in reporting a grade, an appeal must be made
in writing to the instructor and must be initiated within 60 calendar days after the end of the term
for which the grade in question was reported. The appeal should contain specific information
about why it is believed the grade reported is inaccurate. See the Student Handbook for
additional details.
Add/Drop Dates
Please refer to the current Academic Calendar for add/drop dates.
Incomplete Request
To qualify for an “I” grade, a minimum of 75% of the course work must be completed with a “C”
or better, and a student must submit a completed “Request for an Incomplete” form to the
Registrar’s Office. The form must be completed by both student and instructor, but it is the
student’s responsibility (not the instructor’s) to initiate this process and obtain the necessary
signatures.
Student Withdrawal Procedure
It is the student’s responsibility to officially withdraw from a course by completing the appropriate
form, with appropriate signatures, and returning the completed form to the Advising Office. Please
refer to the Student Handbook for important financial information related to withdrawals.
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VIII.
TOPICAL COURSE OUTLINE
It is important that you also refer to the two-week handouts that you will receive in class outlining
your assignments.
Date
Wed. 1/15
Section
1.1
1.2
Topic of Instruction
Chapter 1: Review of Whole Numbers and Integers
 Place Value and Our Number System
 Operations with Whole Numbers and Integers
2.1
2.2
2.3
Chapter 2: Review of Fractions
 Fractions
 Adding and Subtracting Fractions
 Multiplying and Dividing Fractions
TEST #1 over Chapters 1 & 2
3.1
3.2
3.3
Chapter 3: Decimals
 Decimals and the Place-Value System
 Operations with Decimals
 Decimal and Fraction Conversions
4.1
4.2
Chapter 4: Banking
 Checking Account Transactions
 Bank Statements
TEST #2 over Chapters 3 & 4
5.1
5.2
5.3
Chapter 5: Equations
 Equations
 Using Equations to Solve Problems
 Formulas
6.1
6.2
6.3
Chapter 6: Percents
 Percent Equivalents
 Solving Percentage Problems
 Increases and Decreases
TEST #3 over Chapters 5 & 6
7.1
7.2
7.3
Chapter 7: Business Statistics
 Graphs and Charts
 Measures of Central Tendency
 Measures of Dispersion
8.1
8.2
8.3
Review the first half of course material
Chapter 8: Trade and Cash Discounts
 Single Trade Discounts
 Trade Discount Series
 Cash Discounts and Sales Terms
Wed. 1/22
Wed. 1/29
Wed. 2/5
Wed. 2/12
9.1
9.2
9.3
Chapter 9: Markup and Markdown
 Markup Based on Cost
 Markup Based on Selling Price and Markup
Comparisons
 Markdown, Series of Markdowns, and
Perishables
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TEST #4 over Chapters 7, 8, & 9
Wed. 2/19
Wed. 2/26
Wed. 3/5
10.1
10.2
10.3
Chapter 10: Payroll
 Gross Pay
 Payroll Deductions
 The Employer’s Payroll Taxes
11.1
11.2
11.3
Chapter 11: Simple Interest and Simple Discount
 The Simple Interest Formula
 Ordinary and Exact Interest
 Promissory Notes
TEST #5 over Chapters 10 & 11
Review for Final Exam
FINAL EXAM over Chapters 1-11
IX.
AMERICANS WITH DISABILITIES ACT (ADA)
Benedictine University at Springfield provides individuals with disabilities reasonable
accommodations to participate in educational programs, activities, and services. Students with
disabilities requiring accommodations to participate in campus-sponsored programs, activities,
and services, or to meet course requirements, should contact the Resource Center Director as
early as possible: springaccess@ben.edu or (217) 525-1420, ext. 3233.
X.
ASSESSMENT
Goals, objectives, and learning outcomes that will be assessed in the class are stated in this
syllabus. Instructor will use background knowledge probes, one-minute papers, reflective essays
and/or other Classroom Assessment Techniques as deemed necessary in order to provide
continuous improvement of instruction.
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