BUSINESS MATH

Winter 2014
OA104

INSTRUCTOR: Anne Mattson CREDITS: 1-2 ROOM: BC-225

CLASS MEETS: T/H 5:30-6:50 p.m. GRADING A–F E-MAIL: mattsoa@linnbenton.edu

Course Description
This course provides a review of basic math addition, subtraction, multiplication, division, fractions, percents and algebraic equations and then
utilizes mathematical operations to solve practical business applications. Core topics include banking, discounts, markup/markdown, payroll,
interest, and promissory notes. Prerequisite: Placement Score or MTH 20

Materials Required:
 Textbook: Practical Business Math Procedures – Brief 11th Edition with Business Math Handbook and student DVD by Jeffrey Slater and
Sharon M. Wittry, McGraw-Hill/Irwin, 2014 ISBN 9780077780630
 Computer/Internet access to Moodle
 Calculator (non-scientific handheld or desktop model)

Expected Learner Outcomes: Upon completion of the course the 8. Calculate dollar markups and markdowns based on selling
student will be able to: price
1. Perform conversions of decimals, percentages, and fractions 9. Compare and contrast various payroll periods
2. Define the "Portion formula" used in percentage applications 10. Define various payroll deductions and taxes
3. Solve problems using the "portion formula" 11. Prepare a payroll using a payroll register
4. Calculate percentage changes 12. Demonstrate the interest formula and solve for unknown
5. Explain trade and cash discounts elements
6. Define various credit and transportation terms 13. Calculate simple interest and maturity value
7. Calculate markup based on cost and convert to markup on 14. Define and utilize the "U.S. rule" to calculate interest credits
selling price 15. Differentiate between interest and non-interest bearing notes
16. Define compound interest and calculate effective rate

Learner Procedures:
● Attend class regularly. ● Upload required assignments to Moodle.
● Complete textbook assignments. ● Ask for help when you do not understand a feature or concept.
● Follow timeline provided and keep on schedule. ● Use additional resources as needed.
EVALUATION
Homework (20% of overall grade)
Complete and upload the Summary Practice Tests for homework in a word processing, pdf, or picture format. You must show all your work to
receive credit.

Quizzes (70% of overall grade)

There will be 8 quizzes. If you score lower than a 70%, you may request a 2nd quiz. You may score as high as an 89% (B) on the retake. The
better score for each quiz will be used to determine the final grade for the quiz portion.

Final Exam (10% of overall grade)

The final exam will be given during finals weeks following the final exam schedule.
GRADING SCALE Attendance/Participation 10%
90-100 = A Homework (12 Chapters) 20%
80-89 = B Chapter Quizzes (8) 60%
70-79 = C Final 10%
60-69 = D

ADDITIONAL RESOURCES AVAILABLE ATwww.mhhe.com/slater11e

1 Appendix A has additional homework by learning unit. (See instructor for worked out solutions).
2 Appendix B includes worked out solutions to Extra Practice Quizzes that are at the end of each learning unit.
3 Appendix C has the answers to the Odd-Numbered Drill and Word Problems for End-of-Chapter Problems, Summary Practice Tests and
Cumulative Reviews.
4 Appendix D is a Glossary of Terms.
5 Student DVD has tutorials for all practice quizzes.
6 Go to www.mhhe.com/slater11e for additional help. Click on student edition in lower left column, then choose the appropriate chapter from the
lower left column. There are Multiple Choice Quizzes, PowerPoint Presentations, Real World Word Problems, and Calculations and
Applications. (These are also available on the DVD).

NEED FOR ASSISTANCE

You should meet with your instructor during the first week of class if
● you have a documented disability and need accommodations,
● your instructor needs to know medical information about you, or
● you need special arrangements in the event of an emergency.
If you have not accessed services and think you may need them, please contact Disability Services at 541-917-4789.

LBCC COMPREHENSIVE STATEMENT OF NONDISCRIMINATION

LBCC prohibits unlawful discrimination based on race, color, religion, ethnicity, use of native language, national origin, sex, sexual orientation, marital status, disability,
veteran status, age, or any other status protected under applicable federal, state, or local laws. (for further information http://po.linnbenton.edu/BPsandARs/)
 Content/Timeline
Read-
Week Date Day Activity Homework/Due Date Quiz Dates
ing
1 01/07/14 Tues 1 Class Introduction LU 1-1, LU 1-2, LU 1-3 Practice Quizzes–Complete the practice
Chapter 1 quizzes. Check your answers with the worked out solutions
that immediately follow the quiz.
Chapter Organizer and Reference Guide p. 20-21–Review the key
topics, procedures, formulas, and examples at the end of
the chapter.
Chapter 1 End of Chapter Problems p. 23–Complete the ODD-
NUMBERED PROBLEMS (1 75). Check your answers in
Appendix C.
*Summary Practice Test p. 30-31 – Complete all problems and show
work. Check your answers in Appendix C. Upload to Moodle. You
must show your worked out solutions to receive credit. Worked
out solutions are available on the DVD.
01/09/14 Thurs 2 Chapter 2 LU 2-1, LU 2-2, LU 2-3 Practice Quizzes – Complete the practice quiz.
Check your answers with the worked out solutions that
immediately follow the quiz.
Chapter Organizer and Reference Guide p. 51-53
Chapter 2 End of Chapter Problems p. 55-60 – Complete the ODD-
NUMBERED PROBLEMS (1-61). Check your answers in
Appendix C.
*Summary Practice Test p. 60-61 – Complete all problems and show
work. Check your answers in Appendix C. Upload to Moodle. You
must show your worked out solutions to receive credit.
2 01/14/14 Tues 3 Chapter 3 LU 3-1, LU 3-2 Practice Quizzes – Complete the practice quizzes.
Check your answers with the worked out solutions that
immediately follow the quiz.
Chapter Organizer and Reference Guide p. 77-78
Chapter 3 End of Chapter Problems p. 79-82 – Complete the ODD-
NUMBERED PROBLEMS (1-79). Check your answers in
Appendix C.
*Summary Practice Test p. 83-84 – Complete all problems and show
work. Check your answers in Appendix C. Upload to Moodle. You
must show your worked out solutions to receive credit.
 Read-
Week Date Day Activity Homework/Due Date Quiz Dates
ing
2 01/16/14 Thurs 5 Chapter 5 LU 5-1, LU 5-2 Practice Quizzes – Complete the practice quizzes.
Check your answers with the worked out solutions that immediately
follow the quiz.
Chapter Organizer and Reference Guide p. 124-126
Chapter 5 End of Chapter Problems p. 127-130 – Complete the
ODD-NUMBERED PROBLEMS (1-39). Check your answers in
Appendix C.
*Summary Practice Test p. 131-132 – Complete all problems and
show work. Check your answers in Appendix C. Upload to Moodle.
You must show your worked out solutions to receive credit.
3 01/21/14 Tues 6 Chapter 6 LU 6-1, LU 6-2 Practice Quiz – Complete the practice quiz. Chapters 1, 2, 3,
Check your answers with the worked out solutions that 5, & 6 Summary
immediately follow the quiz. Practice Test
Chapter Organizer and Reference Guide p. 153-155 Homework due
Chapter 6 End of Chapter Problems p. 157-159– Complete by Wednesday,
the ODD-NUMBERED PROBLEMS (1-59). Check your 01/22/14, 4 pm
answers in Appendix C. uploaded to
*Summary Practice Test p. 165-166– Complete all problems and Moodle.
show work. Check your answers in Appendix C. Upload to Moodle.
You must show your worked out solutions to receive credit.
01/23/14 Thurs Quiz Chapters 1, 2, Quiz Chapters 1,
3, 5, & 6 2, 3, 5, & 6
4 01/28/14 Tues 7 Chapter 7 LU 7-1, LU 7-2 Practice Quizzes Chapter 7
Chapter Organizer and Reference Guide p. 189-191 – Summary
Chapter 7 End of Chapter Problems p. 193-196 – Complete the Practice Test
ODD-NUMBERED PROBLEMS (1-35). Use the Exact Days in Homework due
a Year Calendar table on page 182 in textbook or from the by Wednesday, 4
inside back cover of the “Business Math Handbook.” Check pm (01/29/14)
your answers in Appendix C.
*Summary Practice Test p. 198 –Upload to Moodle.
01/30/14 Thurs Quiz Chapter 7 Quiz Chapter 7
 Read-
Week Date Day Activity Homework/Due Date Quiz Dates
ing
5 02/04/14 Tues 8 Chapter 8 LU 8-1, LU 8-2, LU 8-3 Practice Homework due
Chapter Organizer and Reference Guide p. 220-221 – by Wednesday, 4
Chapter 8 End of Chapter Problems p. 223-226 – Complete the pm (02/05/14)
ODD-NUMBERED PROBLEMS (1-25).
*Summary Practice Test p. 228-229 – Upload to Moodle.
02/06/14 Thurs Quiz Chapter 8 Quiz Chapter 8
6 02/11/14 Tues 4 Chapter 4 LU 4-1, LU 4-2 Practice Quizzes Homework due
Chapter Organizer and Reference Guide p. 101 by Wednesday, 4
Chapter 4 End of Chapter Problems p. 103-106 – Complete the pm (02/12/14)
ODD-NUMBERED PROBLEMS (1-11).
*Summary Practice Test p. 108-109 – Complete all problems and
show work. Print bank reconciliation forms from Resources section
of Moodle site to complete problems. Upload to Moodle.
02/13/14 Thurs Quiz Chapter 4 Quiz Chapter 4
7 02/18/14 Tues 9 Chapter 9 LU 9-1, LU 9-2 Practice Quizzes Homework due
Chapter Organizer and Reference Guide p. 245-246 by Wednesday, 4
_____ Chapter 9 End of Chapter Problems p. 247-250 – Complete pm (02/19/14)
the ODD-NUMBERED PROBLEMS (1-30). Use the table on
page 33 of the “Business Math Handbook.”
*Summary Practice Test p. 251-252 – Complete all problems and
show work. Upload to Moodle.
02/20/14 Thurs Quiz Chapter 9 Quiz Chapter 9
8 02/25/14 Tues 10 Chapter 10 LU 10-1, LU 10-2, LU 10-3 Practice Quizzes Homework due
Chapter Organizer and Reference Guide p. 264-265 by Wednesday, 4
Chapter 10 End of Chapter Problems p. 267-270 – Complete the pm (02/26/14)
ODD-NUMBERED PROBLEMS (1-23).
*Summary Practice Test p. 272-273. Complete all problems and
show work. Upload to Moodle.
02/27/14 Thurs Quiz Chapter 10 Quiz Chapter 10
 Read-
Week Date Day Activity Homework/Due Date Quiz Dates
ing
9 03/04/14 Tues 11 Chapter 11 LU 11-1, LU 11-2 Practice Quizzes Homework due
Chapter Organizer and Reference Guide p. 284 by Wednesday, 4
Chapter 11 End of Chapter Problems p. 285-287 pm (03/05/14)
*Summary Practice Test p. 288 – Complete all problems and show
work. Upload to Moodle.
03/06/14 Thurs Quiz Chapter 11 Quiz Chapter 11
10 03/11/14 Tues 12 Chapter 12 LU 12-1, LU 12-2 Practice Quizzes Homework due
Chapter Organizer and Reference Guide p. 304-305 by Wednesday, 4
Chapter 12 End of Chapter Problems p. 307-309 – Complete the pm (03/12/14)
ODD-NUMBERED PROBLEMS (1-29). Use the tables in the
“Business Math Handbook” for Compound Interest and
Present Value on pages 1-30.
*Summary Practice Test p. 313– Complete all problems and show
work. Upload to Moodle. **Use the tables provided in the
“Business Math Handbook” on pages 1 30 to compute Compound
Interest and Present Value or look at Handbook from Website
under Resources section.
03/13/14 Thurs Quiz Chapter 12 Quiz Chapter 12
Final Exam Tues, 03/18/2014, 5:00 p.m to 6:50 p.m. in BC-225 Final Exam

* Submitted Assignments (uploaded through Moodle)