Textbook: Fundamentals of
Business Mathematics, 7th ed., by Williams and Reed
Calculator:
A scientific calculator is required. The TI-83 graphing
calculator is strongly recommended for this course.
Assignments:
Both reading and problems from the text are assigned.
Unless otherwise noted, assigned problems will be the odd
numbered problems in a given range of problems.
| Topic |
Assignment |
| Major |
Chapter |
Specific |
Reading
Pages |
Problem
Pages |
Problems |
| Assignments
Exam 1 |
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Basics |
1
2.3 |
Percents,
Decimals, Fractions; Rounding: Calculator Usage;
Basic Percentage Formula and Variation |
21-31
37-52
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52-54
|
1-51,
71-79
|
|
Basics |
2.4 |
Process:
Increase or Decrease;
Accumulation factor, Complement |
54-56 |
57-58 |
1-41, 42,
46, 47 |
| Retailing |
3.1
3.2 |
Discounts;
Chain Discounts |
61-61 |
65-66 |
1-29 |
| 66-69 |
70-71 |
1-9,
13-21, 25, 31, 33, 37-59
|
| Retailing |
4.1 |
Markdown
Based on Cost Price |
89-95 |
92-93 |
1-33 |
| 4.2 |
Markdown
Based on Selling Price |
96-98 |
1-29
|
| Retailing |
4.3 |
Markdown
and Extent of Markdown |
98-101 |
102-103 |
1-27 |
EXAM
1
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Assignments
Exam 2 |
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| Taxes |
6.1 |
Sales
Tax; Excise Tax |
183-187 |
188-189 |
1-35 |
| Taxes |
6.2 |
Property
Tax |
189-192 |
192-193 |
1-29 |
| Taxes |
6.3 |
Federal
Income Tax |
194-203 |
203-204 |
1-27 |
EXAM
2
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Assignments
Exam 3 |
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| Simple
Interest |
7.1 |
Formula |
207-210 |
210-211 |
1-33 |
| Simple
Interest |
7.2 |
Time |
211-217 |
217-219 |
1,
3, 5, 17-27, 41, 43, 45, 51, 53, 57, 59, 61, 65-73 |
| Simple
Interest |
7.4 |
Maturity
Value; Present Value |
219-222 |
222-223 |
1-35 |
| Consumer
Credit |
10.1 |
United
States Rule |
261-263 |
263-264 |
1-11 |
| Consumer
Credit |
10.2 |
Credit
Cards |
264-269 |
270-271 |
1,
3, 7, 9, 19, 21, 25, 27 |
EXAM
3
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Assignments
Exam 4 |
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| Compound
Interest |
8.1 |
Formula |
225-230 |
230-232 |
1-41 |
| Compound
Interest |
8.2 |
Present
Value |
232-234 |
234-235 |
1-17 |
| Compound
Interest |
8.3 |
Daily
& Continuous Compounding |
235-238 |
238-239 |
1-27 |
| Compound
Interest |
8.4 |
Nominal
Rate vs Effective Rate |
239-240 |
241 |
1-15 |
EXAM
4
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Assignments
Exam 5 |
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Annuities |
11.1 |
Ordinary
/Accumulated Value |
287-289 |
289-290 |
1-25 |
|
Annuities |
11.2 |
Nominal
Rate Interest Rate Per Period |
291-291 |
291-292 |
1-19 |
|
Annuities |
11.3 |
Ordinary/Present
Value |
292-293 |
294-295 |
1-17 |
|
Annuities |
11.4 |
Due/Accumulated
Value |
295-296 |
297 |
1-19 |
|
Annuities |
11.5 |
Due/Present
Value |
298-299 |
299-300 |
1-17 |
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EXAM
5 |
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Problem Set |
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Final Exam |
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