MAT 1070

Business Mathematics

3 Credits

Replaces MAT 1010.

Prerequisite: COMPASS/ACT math placement test results appropriate for this course within the last two years.

This course includes a review of addition, subtraction, multiplication, and division of whole numbers, fractions and decimals, computing the average, and working with percent. The applications include payroll, cash and trade discounts, invoices, markup and markdown, depreciation, small loans, purchasing, simple and compound interest, and annuities with an emphasis on using business formulas to solve problems.