MATH 109 - Mathematics of Business and Finance

3 Credit(s)
This course is an introduction mainly to develop skills in reaching practical solutions to mathematical problems arising in business operations and in personal finances. Students will learn to solve problems in the following areas: checking accounts, bank statements, payroll, ratios, interest, bank discounts, compound interest, present value, income statements, balance sheets, trade discounts, cash discounts, sales commissions, and depreciation. and bonds. This course can be taken as a standalone math core requirement. However, if satisfactory placement scores in numerical skills are not met, students will be required to enroll in MATH 109S (Math of Business & Finance Supplement) in conjunction with MATH 109 for additional scaffolding and support.

Pre/Corequisite(s): Satisfactory numerical placement test scores or MATH 109S and satisfactory reading placement test scores or ENG 097 or ENG 101 or ENG 115 .