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.
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.