RCC CONTACT FOR THIS COURSE:
Paul Fisher, RCC Instructor
Ted Wilhite, RCC Instructor
pfisher@roguecc.edu
twilhite@roguecc.edu
541-245-7529
541-956-7067
COLLEGE NOW WEBSITE: http://www.roguecc.edu/COLLEGENOW
Your resource for current information, including processes and forms
COURSE INFORMATION & REQUIREMENTS
RCC Course Title:
Course No.
Business Math
BT160
Credits:
4
Requirements for Articulating This Class
HIGH SCHOOL INSTRUCTOR EDUCATION BACKGROUND:
 Bachelor's degree in business, math, or related field.
COLLEGE NOW Course Completion Requirements
Students must have:
 1Received grade A-F, W, I, P, Z and NP
 Completed COLLEGE NOW registration process
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Based on current state and college regulations and policy, all students in COLLEGE NOW or other dual
enrollment classes are graded on the same standards and under the same guidelines as any regular college student.
That means that COLLEGE NOW students can earn A - F, W, I, P, Z and NP grades that will show on the official
college transcript.
COLLEGE NOW CONTACT INFORMATION:
Daniella Bivens
Rogue Community College
Table Rock Campus
7800 Pacific Avenue
White City, OR 97503-1060
HSA@roguecc.edu
541-245-7806
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RCC COURSE TITLE: BT160 BUSINESS MATH
COURSE OUTLINE
Course No: BT160
Credits:
4
Date: December 2010
Course Title:
Business Math
Institution:
Rogue Community College
Type of Course:
Occupational Preparatory
Length of Course:
A minimum of forty (40) hours for one term.
Prerequisites:
MTH20 and RD30
Department Assignment:
Business Technology
Course Description: This course introduces math applications used in business including percentages,
fractions, interest (compounding, present value, future value), and other common business applications.
Intended Course Outcomes and Key ILO (Institutional Learning Outcomes) indicators: On
successful completions of this course, students will be able to:
Intended Outcomes:
Key ILO Indicators
Assessment Methods:
1. Determine the appropriate
1. Proficiency will be measured
AL 3 – Internalize and
method to set up a word problem
and documented using
assimilate information into
and to solve for the unknown(s).
standardized written
new situations.
assignments, problem sets, and
tests.
2. Convert decimals & fractions to
2. Proficiency will be measured
AK 4 - Use numeracy skills
percents and percents to decimal & for interpretation, synthesis,
and documented using
fractions. List and define the key
standardized written
and analysis of data.
elements of the portion formula and
assignments, problem sets, and
solve for one unknown when the
tests.
other two key elements are given.
Calculate the rate of percent
increase or decrease.
3. Calculate singe trade discounts
AK 2 – Integrate previous and 3. Proficiency will be measured
and chain discounts with net price
and documented using
new learning, along with
equivalent and single equivalent
standardized written
practical skills, to solve
discount rates. Determine the
assignments, problem sets, and
problems.
invoice price of an item with FOB
tests.
shipping point and FOB destination
and credit terms. Calculate the
invoice due date under typical
business credit terms. Compute
outstanding balance with partial
payments.
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RCC COURSE TITLE: BT160 BUSINESS MATH
Intended Outcomes:
4. Calculate dollar markup and
percent markup based on cost and
based on selling price. Calculate
selling price, cost, or the percent
markup based on cost and based on
selling price when two of the three
are given. Calculate markdowns
and markups. Price perishable
items to cover spoilage loss.
Key ILO Indicators
AK 2 – Integrate previous and
new learning, along with
practical skills, to solve
problems.
Assessment Methods:
4. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
5. Calculate simple interest and
maturity value by months; years;
exact time, exact interest; and exact
time, ordinary interest. Using the
interest formula, calculate the
unknown when the other two
(principal, rate, or time) are given.
Compute the proper interest credits
under the U.S. Rule.
AK 4 - Use numeracy skills
for interpretation, synthesis,
and analysis of data.
5. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
6. Calculate bank discount,
maturity value, proceeds, and
effective rate for simple discount
notes. Compute the maturity
value, bank discount, and proceeds
of discounting an interest-bearing
note before maturity.
AK 2 – Integrate previous and
new learning, along with
practical skills, to solve
problems.
6. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
7. Calculate and compare simple
interest and compound interest.
Calculate future value (compound
amount), present value, and interest
by table lookup and by using a
financial calculator. Compute
effective rate of interest.
8. Calculate the future value of an
ordinary annuity & an annuity due
and the present value of an ordinary
annuity by table lookup and by
using a financial calculator.
Calculate a sinking fund payment
made at the end of each period by
table lookup.
9. Determine the cost of
installment buying by calculating
amount financed, finance charge,
deferred payment, and estimated
APR by formula and by table
AK 2 – Integrate previous and
new learning, along with
practical skills, to solve
problems.
7. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
AK 4 - Use numeracy skills
for interpretation, synthesis,
and analysis of data.
8. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
AK 4 - Use numeracy skills
for interpretation, synthesis,
and analysis of data.
9. Proficiency will be measured
and documented using
standardized written
assignments, problem sets, and
tests.
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RCC COURSE TITLE: BT160 BUSINESS MATH
Intended Outcomes:
Key ILO Indicators
Assessment Methods:
lookup. Calculate paying off an
installment loan before the due
date. Compute finance charges on
revolving charge credit card
accounts.
10. Differentiate between the types AK 2 – Integrate previous and 10. Proficiency will be
of mortgages available. Compute
measured and documented
new learning, along with
monthly mortgage payments
using standardized written
practical skills, to solve
utilizing an amortization chart and
assignments, problem sets, and
problems.
a financial calculator. Calculate the
tests.
total interest over the life of a
mortgage and the amount of
interest and principal portion of
each monthly payment.
11. Define and calculate the mean, AK 4 - Use numeracy skills
11. Proficiency will be
weighted mean, median, and mode; for interpretation, synthesis,
measured and documented
prepare a frequency distribution;
using standardized written
and analysis of data.
and explain and calculate the range
assignments, problem sets, and
and standard deviation.
tests.
Typical Required and Recommended Texts: Practical Business Math Procedures, 10th Edition, Jeffrey
Slater, McGraw-Hill/ Irwin, 2010. A Custom Business Math text with selected chapters 5-8, 10-15, and
22.
Typical Required and Recommended Equipment and Materials: Pens, #2 pencils, erasers, paper,
and access to a computer for assignments. Calculator: Texas Instruments—BA II Plus or TI-83.
TYPICAL COURSE OUTLINE:
Solving for the Unknown: A How-to Approach for Solving Equations
Percents and Their Applications
Discounts: Trade and Cash with credit terms and partial payments
Markups and Markdowns; Insight into Perishables
Simple Interest calculations and finding unknowns in Simple Interest Formula
Promissory Notes, Simple Discount Notes, and the Discount Process
Compound Interest (Future Value) and Present Value Concepts and Calculations
Finding Future Value and Present Value of Annuities and Sinking Fund Payments
Installment Buying, Rule of 78, and Revolving Charge Credit Cards
The Cost of Home Ownership: Determining Mortgage payments, principal, & interest
Mean, Median, and Mode
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