Business/Consumer Math explains how four basic mathematical operations – addition, subtraction, multiplication, and division – can be used to solve real-life problems. It addresses practical applications for math, such as wages, taxes, money management, and interest and credit. Projects for the Real World activities are included that promote cross-curricular learning and higher-order thinking and problem-solving skills.
The purpose of this course is to provide students with basic math skills useful in solving real-life business problems. Students also learn the common bookkeeping, financial planning, and legal tasks connected to these math skills.
- Solve basic math problems using whole numbers, fractions, decimals, percents, and equations.
- Solve business math problems using equations.
- Maintain checking accounts and prepare bank reconciliations.
- Prepare invoices and calculate trade and cash discounts.
- Calculate markups and markdowns.
- Compute payroll.
- Compute simple and compound interest.
- Solve mortgage problems.
- Course project.
- Complete depreciation problems.
- Use algebraic formulas to solve business math equations.
- Evaluate investments in stocks, bonds, and mutual funds.
- Use advanced functions in spreadsheets.
- Produce business reports.
Business/Consumer Math can be studied as a full-year course as an alternative to Algebra II. Students who appreciate practical and financial applications of algebra will like this course! This course is also offered in condensed form as a single semester course.