BUS126

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Business Mathematics

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Objective

Evaluate expressions and solve real-world problems with fractions, decimals, and percentages

Objective

Calculate trade and cash discounts with applications of percent increases and decreases, chain discounts, shipping terms, and partial payments

Objective

Calculate markups based on cost and markups based on selling price, markdowns, perishable pricing

Objective

Perform payroll calculations including different pay periods and schedules, overtime, and federal taxes

Objective

Apply the simple interest formula to various situations including calculating proper interest credits under the U.S. Rule

Objective

Perform calculations for simple discount notes including effective interest rates, Treasury bills, and discounting interest-bearing notes before maturity.

Objective

Prepare a depreciation schedule and calculate partial-year depreciation for the straight-line, units-ofproduction, and declining-balance methods