BUS 15 - Business Mathematics

3 units
3 hours lecture
Prerequisite: MATH 40 or qualification by appropriate assessment
Recommended Preparation: eligibility for ENGL 84 or qualification by appropriate assessment
Credit, degree applicable
This course is designed to prepare students for mathematical concepts involving quantitative reasoning and analysis in management, finance, accounting, real estate, and other areas of business. The course content involves a thorough study of all aspects of business mathematics including computational skills, percentages, bank reconciliation, use of business formulas and equations, payroll, discounts, and markup/markdowns, simple and compound interest, present values analysis, annuities and sinking funds, credit, depreciation and inventory, payroll taxes, promissory notes, insurance, financial reports, and business statistics.

Note: Letter grade or pass/no pass option.