MAT 112

PCC > Academics > Areas of Study > Arts & Sciences > Mathematics > Syllabi > MAT 112

COURSE SYLLABUS

1.

TITLE OF COURSE:

Financial Mathematics

PREFIX/NUMBER:

MAT 112

CREDIT HOURS:

3

2.

PREREQUISITE:

Successful completion of MAT 060

3.

RESOURCES NEEDED:

TEXT:

Practical Business Math Procedures, 8th edition, Slater, McGraw Hill

SUPPLIES:

Notebooks and pens or pencils for note taking, homework preparation, and calculator.

4.

COURSE DESCRIPTION:

Covers topics including pricing, taxes, insurance, interest, annuities, amortization, investments using financial calculators and spreadsheets.

5.

STANDARD COMPETENCIES

I.

Gain facility in use of financial calculators.

II.

Understand basic spreadsheet operations, and use them effectively.

III.

Improve algebraic manipulative skills.

IV.

Understand the basic language of financial mathematics.

V.

Apply the skills learned to solve problems in pricing, taxation, insurance, and investment.

VI.

Recognize valid and invalid financial claims and construct valid financial arguments.

VII.

Analyze a complex financial decision.

6.

COURSE OUTLINE

1

Whole Numbers: How to dissect and solve word problems.

2.

Fractions

3.

Decimals

4.

Banking

5.

Solving for the Unknown: A How-to-Approach for Solving Equations

6.

Percents and Their Applications

7.

Discounts: Trade and Cash

8.

Markups and Markdowns; Insight into Perishables

9.

Payroll

10.

Simple Interest

11.

Promissory Notes, Simple Discount Notes, and the Discount Process

12.

Compound Interest and Present Value

13.

Annuities and Sinking Funds

14.

Installment Buying, Rule of 78, and Revolving Charge Credit Cards

15.

The Cost of Home ownership

16.

How to Read, Analyze, and Interpret Financial Reports

17.

Depreciation

18.

Inventory and Overhead

19.

Sales, Excise, and Property Taxes

20.

Life, Fire and Auto Insurance

21.

Stocks, Bonds, & Mutual Funds

7.

evaluation procedures

Evaluation methods and procedures will be determined by the instructor. These may consist of but not limited to: quizzes, assignments, exams, individual and/or group projects.

Grading Scale:

90% - 100% - A

80% - 89% - B

70% - 79% - C

60% - 69% - D

0% - 59% - F

8.

SPECIAL REMARKS

Homework:

Homework will be assigned and evaluated as determined by the instructor.

Cheating:

If cheating occurs, it will result in a zero on that exam.

Attendance:

Attendance will be taken and students will be dropped when they have missed 20% of the total class time. Missed exams will result in a zero for that exam unless prior arrangements have been made.

Conduct:

Professional and courteous behavior is expected at all times. Disruptive behavior is unacceptable in the classroom and may result in the student's temporary or permanent removal from the course.

Help is available outside of class, in the math labs or from the instructor.

9.

ACADEMIC INTEGRITY:

The very nature of higher education requires that students adhere to accepted standards of academic integrity. Therefore, Pueblo Community College has adopted a policy of academic conduct as described in the Student Handbook. Violation of academic integrity may be defined to include the following: cheating, plagiarism, falsification and fabrication, abuse of academic materials, complicity in academic dishonesty, and personal misrepresentation. It is the student’s responsibility to be aware of the behaviors that constitute academic dishonesty. Sanctions for violating the standards of academic integrity may include warning, probation, suspension, and/or failure of the course or assignment at the discretion of the instructor..

10.

ADA NOTICE:

Students who have a documented disability may be eligible to receive accommodations for this class. Please contact the Disability Resources Center at 549-3446 for further information.

1.	TITLE OF COURSE:	Financial Mathematics
	PREFIX/NUMBER:	MAT 112	CREDIT HOURS:	3
2.	PREREQUISITE:	Successful completion of MAT 060

3.	RESOURCES NEEDED:
	TEXT:		Practical Business Math Procedures, 8th edition, Slater, McGraw Hill
	SUPPLIES:		Notebooks and pens or pencils for note taking, homework preparation, and calculator.
4.	COURSE DESCRIPTION:		Covers topics including pricing, taxes, insurance, interest, annuities, amortization, investments using financial calculators and spreadsheets.
5.	STANDARD COMPETENCIES
	I.	Gain facility in use of financial calculators.
	II.	Understand basic spreadsheet operations, and use them effectively.
	III.	Improve algebraic manipulative skills.
	IV.	Understand the basic language of financial mathematics.
	V.	Apply the skills learned to solve problems in pricing, taxation, insurance, and investment.
	VI.	Recognize valid and invalid financial claims and construct valid financial arguments.
	VII.	Analyze a complex financial decision.

6.	COURSE OUTLINE
	1	Whole Numbers: How to dissect and solve word problems.
	2.	Fractions
	3.	Decimals
	4.	Banking
	5.	Solving for the Unknown: A How-to-Approach for Solving Equations
	6.	Percents and Their Applications
	7.	Discounts: Trade and Cash
	8.	Markups and Markdowns; Insight into Perishables
	9.	Payroll
	10.	Simple Interest
	11.	Promissory Notes, Simple Discount Notes, and the Discount Process
	12.	Compound Interest and Present Value
	13.	Annuities and Sinking Funds
	14.	Installment Buying, Rule of 78, and Revolving Charge Credit Cards
	15.	The Cost of Home ownership
	16.	How to Read, Analyze, and Interpret Financial Reports
	17.	Depreciation
	18.	Inventory and Overhead
	19.	Sales, Excise, and Property Taxes
	20.	Life, Fire and Auto Insurance
	21.	Stocks, Bonds, & Mutual Funds

	7.		evaluation procedures
			Evaluation methods and procedures will be determined by the instructor. These may consist of but not limited to: quizzes, assignments, exams, individual and/or group projects. Grading Scale: 90% - 100% - A 80% - 89% - B 70% - 79% - C 60% - 69% - D 0% - 59% - F
8.		SPECIAL REMARKS

Homework:	Homework will be assigned and evaluated as determined by the instructor.
Cheating:	If cheating occurs, it will result in a zero on that exam.
Attendance:	Attendance will be taken and students will be dropped when they have missed 20% of the total class time. Missed exams will result in a zero for that exam unless prior arrangements have been made.
Conduct:	Professional and courteous behavior is expected at all times. Disruptive behavior is unacceptable in the classroom and may result in the student's temporary or permanent removal from the course.
Help is available outside of class, in the math labs or from the instructor.

9.	ACADEMIC INTEGRITY:
	The very nature of higher education requires that students adhere to accepted standards of academic integrity. Therefore, Pueblo Community College has adopted a policy of academic conduct as described in the Student Handbook. Violation of academic integrity may be defined to include the following: cheating, plagiarism, falsification and fabrication, abuse of academic materials, complicity in academic dishonesty, and personal misrepresentation. It is the student’s responsibility to be aware of the behaviors that constitute academic dishonesty. Sanctions for violating the standards of academic integrity may include warning, probation, suspension, and/or failure of the course or assignment at the discretion of the instructor..
10.	ADA NOTICE:
	Students who have a documented disability may be eligible to receive accommodations for this class. Please contact the Disability Resources Center at 549-3446 for further information.