Math for

Business

Semester 1

Students must complete the following to receive full credit:

Define Terms with examples for each term.

  • Write a Summary of each video (minimum 3-5 sentences per video). Label clearly for teacher to see work.

  • Answer Important Questions after watching the videos and taking notes.

  • Take Exam at: https://testmoz.com/class/16400 be sure to print (control + "P") results of submitted exam and staple to the front of each credit.

Total pages (with exam):

5-10 pages of work per credit


Unit 1: Math Foundations

Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.

Terms to Know:

  • multiplication

  • addition

  • subtraction

  • division

  • long division

  • finding "n" or a number

  • money

  • estimation

  • finding average pay

  • rounding to dollars

  • spreadsheets

  • comparing wages

Notes:

Important Questions:

Solve the following problems

1. Write this number in words


157802 ______________________________________________


2. Round 36,993 to the nearest thousands____________________________


3. Round 6.724 to the nearest hundredth____________________________


4. 324 times 87______________________________


5. 81.32 times 0.3214


6. Divide 89 into 4356_________________________________


7. Find the greatest common factor of 24 and 76_______________________


8. Find the least common factor of 12 and and 36_______________________


9. Circle the numbers that are prime.


2 5 8 13 17 18 21 93 117


**Take exam at https://testmoz.com/class/16400 during class session.

*Hand in ALL work to teacher with test results on the front.

Work should be 5-10 pages when completed for full credit.

Unit 2: Ratios, mixed numbers, and percentages

Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.

Terms to Know:

  • finding percentages

  • decimals

  • ratios

  • mixed numbers

  • improper fractions

  • order of operations

  • finding "N"

  • decimals

  • percentages

  • deductions

  • take home pay

  • cost of job benefits

  • commission

  • taxes

Notes:

Important Questions:

Solve the following problems

10. Tell if the fraction on the left is less or greater than the fraction on the right. Use < or >

2/3 3/5

6/15 3/7

11. Add the following fractions:

1/3 + 5/4 =

6/2 + 3/4=


12. Tell if the decimal on the left is less or greater than the decimal on the right. Use < or >


5.43123 5.43013


13. What is the perimeter and area of a rectangle with sides equal to 5 inches and 7 inches?


Perimeter = __________________ inches area=____________________


14. 35% of 40 is ____________


15. What percent of 80 is 100? _____________________


16. Rename 2/5 as a percent_______________________


17. Describe in your own words what it means for 2 lines to be parallel. Show a drawing.


18. Solve for n: 6n + 12 = 6


19. What is the volume of the rectangle figure below?____________________


20. What is the elapsed time between 5:45 AM and 4:10 PM?


21. Measure the angles below with a protractor__________ __________


22. What is the perimeter and area of a circle with diameter equal to 5 cm?


Perimeter = __________________ area=____________________


23. 25 cm = __________mm 1250 g = ___________kg 25 mL = _______________L


24. Convert the difference of 25 min. 14 sec and 4 min. 30 sec in seconds__________________


25. A scale of 1:20 is used to make the drawing of a car. If the length of the drawing is 10 inches, what is the real length of the car?

Real length__________________


26. Write these numbers in scientific notation


2300000000__________________ 0.00024___________________


27. 12 feet = ____________ yards 2 gallons = _____________ pints


28. -2 + -6 =________ -4 + 3 = _________ 5 − - 2 = _________


29. -2 × 4 =__________ -6 ÷ - 2=____________


30. What is the absolute value of -3?


**Take exam at https://testmoz.com/class/16400 during class session.

*Hand in ALL work to teacher with test results on the front.

Work should be 5-10 pages when completed for full credit.

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Unit 3: Business math patterns

Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.

Terms to Know:

  • linear functions

  • exponents rules

  • constructing numerical expressions

  • histogram

  • muliplying decimals

  • money fractions

  • changing mixed numbers

  • 2/3 of 30

  • 3/4 of a dollar

  • finding "N"

  • finding hourly pay and hours worked

Notes:

Important Questions:

Solve the following problems

1. Of the 95 children in 6th grade, 3/5 went to holiday parties. How many students went to holiday parties in all?

2. Amy has 72 sweets in a bag. She keeps ¼ of them for herself and shares the rest with friends. How many sweets will she give to her friends?

3. A train arrives at the station with 150 passengers on board. 2/5 of the passengers get off the train in Seattle, and then 35 passengers board the train. How many passengers are on the train when it leaves the station?

4. 30 people watched the soccer game last night. Tickets cost $2.75 each. Half of these fans bought a program at $1.50 each. How much money was collected altogether?

5. Dean buys 25 stickers on Monday and 17 on Tuesday, On Wednesday he gives 1/6 of his stickers to Jack. How many does he have left?

Find the slope of a line...

6. (17, −6), (−11, 7)

7. (3, 4), (−4, −5)

8. (−20, 14), (17, 15)

9. (11, −18), (−1, −7)

10. Bennett and his friends decide to go bowling. The cost for the group is $15 for shoe rentals plus $4.00 per game.

a. How much will it cost them to bowl two games? Show your work.

b. Write an equation relating the total cost, C , of the outing to the number of games bowled, g . What is the independent variable? What is the dependent variable?

c. Graph the equation. Which variable should go on each axis? Choose sensible scales for the axes.


**Take exam at https://testmoz.com/class/16400 during class session.

*Hand in ALL work to teacher with test results on the front.

Work should be 5-10 pages when completed for full credit.

Unit 4: Finance and Business math

Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.

Terms to Know:

  • compound interest

  • balance sheets

  • equity

  • debt

  • interest

  • bonds

  • risk vs. reward

  • rounding fractions

  • changing decimals

  • percentages of $40

  • 500 decreased by 20%

  • finding percentage of a number

Notes:

Important Questions and Notes:

Finding Simple Interest Notes

Interest is a cost charged for the use of money borrowed or lent. If you have a savings account, you are lending your money to the bank. The money borrowed or lent is called the principal. The amount of interest earned depends on the interest rate and the length of time that the money is borrowed.

The formula for finding simple interest is Interest = Principal x Rate x Time or I=prt

Principal is the amount of money saved, lent or borrowed.

Rate is the annual percentage rate charged. (Annual = one year)

Time is the length of the loan measured and expressed in years.

Examples: 9 months = 9/12 or ¾ or .75 of a year. 18 months = 1 ½ years = 1.5 of a year.

Example: What is the interest on $200 borrowed for 3 years at 10% rate?

Interest = $200 (the principal) x .10 (the rate 10% as a decimal) x 3 (the time in years) = $60.

Note: The total amount owed back is principal + interest = $200 + $60 = $260.

1. You borrow $50 for 1 year at 5% interest rate. What is the interest owed?

The principal is ______________

The rate is __________________

The time in years is ___________

I = prt

The interest owed is ____________


2. $500 is earning 8% simple interest for 6 months. What is the interest earned?

The principal is ______________

The rate is __________________

The time in years is ___________

I = prt

The interest earned is ____________

3. $700 is earning 6% simple interest for 6 months. What is the interest earned?

The principal is ______________

The rate is __________________

The time in years is ___________

I = prt

The interest earned is ___

4. What is the interest on $1,600 at 18% for 1 year?

5. What is the interest on $2,600 for 6 months at a rate of 7%?

6.. What is the interest on $500 at a rate of 9% for 3 years?

7. What is the interest owed on a loan of $100 at 10% for 3 months?


**Take exam at https://testmoz.com/class/16400 during class session.

*Hand in ALL work to teacher with test results on the front.

Work should be 5-10 pages when completed for full credit.

Unit 5: Stocks and You

Review the videos and media and take notes on terms to know. If the terms are not on the media, please Google them in order to get the materials needed to take the test.

Terms to Know:

  • inflation

  • mortgages

  • banking

  • deduction

  • 15 year mortgage

  • 30 year mortgage

  • stocks

  • bonds

  • depreciation of assets

  • kilometers

  • centimeters

  • millimeters

  • pounds to kilogram

  • liters

  • gallon to liters

  • hectometers

Notes:

Important Questions and Notes:

true-false

1. An electric bill is commonly considered a fixed living expense.

2. A security deposit covers the rent for the first month when moving into an apartment.

3. A roommate may reduce the financial burden of renting an apartment.

4. Saving money for a down payment to buy a house is usually considered a short-term goal.

5. A lease is designed to protect the rights of both a tenant and a landlord.

Answer...

6. A common flexible expense associated with apartment renting is...

7. A ______deposit refers to money held to cover possible damage in an apartment.

8. A common moving-in cost for an apartment would be a ___________ deposit.

9. A long-term goal would be to____________ (rent, own, move to a larger place, or buy furniture)

10. The agreement between a renter and a landlord is called a: ___________

11. What is a mortgage loan?

12. What is a debt snowball?

13. How does compound interest affect a loan?

14. What is good credit vs. bad credit?

15. Should you rent or own and why?


**Take exam at https://testmoz.com/class/16400 during class session.

*Hand in ALL work to teacher with test results on the front.

Work should be 5-10 pages when completed for full credit.