Description:

Presents practical mathematics for business and consumer financing. Topics include computing simple and compound interest, present values, annuities, and amortization. Prerequisite: BTS 161 or BTS 165 at BC with a C- or better or equivalent spreadsheet experience.

Outcomes:

After completing this class, students should be able to:

• Calculate percentages and their applications
• Understand the key concepts behind an amortization table
• Compute compound interest and present value
• Compute & understand the discount process
• Read, analyze and interpret financial reports
• Calculate mark ups, mark downs & discounts
• Apply business statistics such as mean medium & mode
• Plot frequency distributions & graphs
• Understand the concepts of depreciation