Business Mathematics - MATH 1033 /G1

Time: Thursdays from 7 am to 9 am EST

Instructor: Nisha Muthreja, MBA
Agenda
Introduction
Course Format
Assignment and Evaluation Summary
Learning Objectives
1. Perform arithmetic operations in their proper order.
2. Convert fractions to their percent and decimal equivalents.
3. Maintain the proper number of digits in calculations.
4. Perform calculations using fractions, decimals and per cents.
5. Calculate the gross earnings of employees paid a salary, an hourly wage or commissions.
6. Calculate the simple average or weighted average of a set of values.

7. Perform basic calculations for the GST, HST, PST and real property tax.
ATH 1033 /G1
Execute mathematical operations accurately

Reference
Order of Operations
Fractions, Decimals & Percents
Fractions, Decimals & Percents
Fractions, Decimals & Percents
Payroll
Averages
Taxes
Back to Agenda
Date Day Week
1/15/2022 Saturday 1

1/22/2022 Saturday 2

1/29/2022 Saturday 3

2/5/2022 Saturday 4

2/12/2022 Saturday 5

2/19/2022 Saturday 6

2/26/2022 Saturday 7

3/5/2022 Saturday 8

3/12/2022 Saturday 9
3/19/2022 Saturday 10

3/26/2022 Saturday 11

4/2/2022 Saturday 12

4/9/2022 Saturday 13

4/16/2022 Saturday 14

4/23/2022 Saturday 15
 Synchronous Topic Asynchronous Topic
Review and Applications of Basic Math: None
-Arithmetic Review: order of operations
-Fractions, Decimals, Rounding
-Payroll

Review and Applications of Basic Math: None

-Arithmetic Review: order of operations
-Fractions, Decimals, Rounding
-Payroll

Review and applications Algebra: Calculator BAII+ set up

-Percent change and application
-Returns on investment.

-Ratio, Proportion and Proration Asynchronous

- Currency Exchange

- Mathematics of Merchandising Asynchronous

- Trade discount, Cash Discount.

Applications of Linear Equations Asynchronous

Simple Interest Asynchronous

Study Week None

Mid-term Exam Asynchronous

Applications of Simple Interest Asynchronous

Compound Interest Asynchronous

Compound Interest: Asynchronous

-Further topics and Applications

Ordinary Annuities Asynchronous

Loan Amortization, Mortgage Asynchronous

Business Investment Decisions

Final Exam None

 Other Activity
None

None

Quiz 1

Assignment 1

Quiz 2, Assignment 2

None

Mid-term Exam
 Quiz 3

Assignment 3

Quiz 4

Final Exam
Theory

Example 1

Enter above in Cell $E$41:

Example 2
 Enter above in Cell $E$65:

Skill Check
Excel Math Operators
Brackets ()
Exponents ^
Division /
Multiplication *
Addition +
Subtraction -
Skill Check:

i.

ii.

iii.
Theory

Example 1

Enter above in Cell $F$42: 0.50

Enter above in Cell $F$43: 0.50
Enter above in Cell $F$44: 0.50
Example 2

Decimal Fraction Percent

Enter above in Cell $E$67:

Skill Check
Example 3

Enter above in Cell $G$110:

Example 4

Exemple 5
 Enter above in Cell $G$153: a.
Enter above in Cell $G$154: b.

Skill Check

Example 6
 Enter above in Cell $G$193:

Example 7

Enter above in Cell $G$215:

Skill Check
Skill Check:

Decimal Fraction Percent

i. 0.38

ii. 3/8

iii. 64%
 0.0075
1.0075
1.1964135
355.22835

Skill Check:

i.

0.1299435
ii. 0.0227401
1.0227401
5475.4868
Skill Check:
Jessica's Earnings ($)
 % of
Earnings Amount
Savings Plan
TFSA
Total
Theory

Example 1

Enter above in Cell $E$43:

Theory

Example 2

Theory
Example 3

Skill Check
Annual Salary 60500
Reg Hourly rate 26.44

Pay for week 1 1163.4615

OT for week 1 39.663462
OT pay for week 1 79.326923
Gross pay week 1 1242.79

Pay for week 2 1163.4615

OT for week 2 39.663462
OT pay for week 2 178.48558
Gross pay week 2 1341.9471

Gross Pay 2584.7356

Skill Check:

i.

ii.

iii.
Theory

Example 1

Enter above in Cell $E$42:

Example 2
 Enter above in Cell $E$66:

Theory

Example 3
Skill Check
Skill Check:

Commision Rates
up to 20000
next $15,000 35000
all additional
Theory

https://wwretailcounciorg/resources/quick-facts/sales-tax-rates-by-province/
Sales Tax by Province
Example 2

Enter above in Cell $E$85:

Enter above in Cell $E$86:
Enter above in Cell $E$87:

Skill Check
Example 3
Skill check
Skill Check:

i.

ii.

iii.
Skill Check:

i.

ii.
Property Commission
$ 100,000 $ 7,000
$ 200,000 $ 14,000
$ 300,000 $ 21,000
$ 400,000 $ 28,000

Sum of property values over $160,000

Commission of property values over $160,000