Davar Academy, LLC | Evaluated Learning Experience
Mathematics for Business (MAT 202)
Varies (self-study, self-paced).
November 2016 - December 2021.
Upon successful completion of this learning experience, students will be able to: use skills in calculation and rounding of whole numbers and decimals; use percentages to make computations; compute base, rate and finance charges; compute cash discounts on merchandise sales and purchases; calculate trade discounts; compute markup and markdown percentages on merchandise and calculate sales commissions; determine pay for employees; complete a payroll register and worksheet; compute tax deductions from gross pay; calculate payroll deductions for social security; compute depreciation and book value using straight line, sum of the year digits, declining balance and units of production; compute simple interest, ordinary interest and exact interest; determine bank discounts and compound interest; and determine present value of amounts and annuities.
This learning experience introduces students to the mathematical concepts and applications necessary for successful business careers. Topics include: finance charges, cash discounts, commissions, payroll, tax deductions, depreciation, book value, compound interest, net present value, statistics, and graphs. The course of study necessary to be prepared for the proctored proficiency examination consists of lessons based on the readings from the textbook. Students are encouraged to answer all the review questions and quizzes for each lesson.
In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 3 semester hours in Business or Math (11/16).