| 6. |
COURSE OBJECTIVES: |
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By the end of the course, students will |
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(A) |
Perform conversions of decimals, percentages, and fractions. |
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(B) |
To operate the calculator with sufficient speed and accuracy. To pass a five-minute timed examination with a minimum of 80 keystrokes per minute with 95 percent accuracy by touch. |
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(C) |
Define the "portion formula" used in percentage applications. |
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(D) |
Calculate percentage changes. |
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(E) |
Explain trade and cash discounts. |
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(F) |
To develop a basic understanding of business and consumer mathematics and its application to a variety of professional and personal business situations. |
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(G) |
Calculate markup based on cost and convert to markup on selling price. |
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(H) |
Demonstrate the interest formula and solve for unknown elements. |
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(I) |
Calculate simple interest and maturity value. |
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(J) |
Define and utilize the "US rule" to calculate interest credits. |
| 7. |
EVALUATION PROCEDURES: |
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HOMEWORK ................................................................................ 20%
Each homework assignment will be randomly collected by the instructor. Each collected assignment earns five (5) points if all problems are attempted; three (3) points if a majority of the problems are attempted; zero (0) points if less than a majority are attempted or all are incorrect. |
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TESTS/ QUIZZES ........................................................................... 60%
There will be a minimum of three (3) major tests covering several textbook units. Major tests OR QUIZZES are announced in advance. Calculators may be used on all major tests. |
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TEN KEY CALCULATOR TESTS ........................................... 20%
There will be a minimum of ten (10) touch-addition five-minute examinations. The top two speed scores completed with 95 percent accuracy are converted to a percent and calculated in the final grade. The speed tests are converted as follows: |
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BONUS POINTS will be given for completion of video case assignments. |