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SYLLABUS

MATH 205 - Modern Business Mathematics

Course Description

Students explore applications of mathematics in economic and business contexts. Specific topics include functions and related business formulas, tables and graphs, and finance (including interest). The basic tools of quantitative analysis, emphasizing data presentation, measures of central tendency, and measures of variation and skewness, are also covered. This course includes an introduction to basic theory of random variables, probability theory, sampling, and sampling distributions. 4 units

Prerequisites

Eligibility to enroll in this course is determined by placement exam scores or successful completion of MATH 103 Elementary Algebra.

Student Learning Outcomes

Upon completion of this course, students should be able to:

1. Calculate business formulas such as trade discount amounts, chain discounts, interest, and depreciation.

2. Calculate present value (PV) and future value (FV) for annuities.

3. Find the cost for the purchase of investments and compute the proceeds from the sale of investments.

4. Identify the components of central tendency – mean, median, and mode – used in statistics Determine the probability of events.

5. Explain the value of sampling and sampling distributions.

|Instructor: Bobbi Harrison | |

|July 2011 Quarter | |

|Email: bobbirharrison@ | |

|Office Hours: 9AM - 12 PM Thursdays via email or by appointment | |

Topics Covered

• Trade and Cash Discounts

• Simple Interest

• Compound Interest and Present Value

• Annuities

• Mortgages and Amortization

• Depreciation

• Investments

• Graphing Techniques

• Statistics and Probability

• Probability

• Critical Thinking

Textbook(s)

Bundle ISBN 0-324-81554-9

This bundle consists of:

Brechner, R. (2008). Applied College Mathematics (5th ed.). Mason, OH: Cengage Learning. ISBN: 0-324-83082-3

Brechner, R. & Bergeman, G. (2002). Applied Mathematics, Chapter 21, Section IV Supplement. Mason, OH: Cengage Learning Custom Publishing. ISBN: 0-030-75438-0

Grading

|EXAMS |Points |% of Final Grade |

|5 QUIZZES |100 points each, but lowest score thrown out |10 % each |

| |400 TOTAL POINTS |40% TOTAL |

|FINAL EXAM |200 TOTAL POINTS |20% TOTAL |

|CATEGORY TOTAL 60% | | |

|PROJECTS and ASIGNMENTS |Points |% of Final Grade |

|6 HOMEWORK ASSIGNMENTS |50 points each |5 % each |

| |300 TOTAL POINTS |30% TOTAL |

|CATEGORY TOTAL 30% | | |

|PARTICIPATION |Points |% of Final Grade |

|ATTENDANCE AND PARTICIPATION |100 TOTAL POINTS |~0.45% each day |

|CATEGORY TOTAL 10% | | |

A grade of 89.50% percent or higher earns an A grade; 79.50% to 89.49% percent earns a B grade; 69.50% to 79.49% percent earns a C grade; 59.50% to 69.49% percent earns a D grade. A minimum grade of C is required in major courses or courses that are prerequisites for advanced courses.

Important Information Regarding Assignments

For each chapter covered in this course, this Syllabus will detail the specific Review Exercises assigned as well other tips and resources. All “pencil and paper” work (i.e., not Excel spreadsheet work) should show your work where appropriate, be neat and tidy, with final answers clearly labeled and formatted.

|COURSE AT A GLANCE |

|Week 1 |Course Introduction—Assignment and exams explained |

| |Chapter 5 – Solving Basic Equations |

| |Chapter 6 – Percents and Their Application in Business |

| |ASSIGNMENTS: |

| |Chapter 5 Sections 1-2 Review Exercises |

| |Chapter 6 Sections 1-2 Review Exercises |

|Week 2 |Chapter 7 –Trade and Cash Discounts |

| |Chapter 10 – Simple Interest |

|Week 3 |Chapter 10 – Simple Interest (continued) |

| |Monday
Quiz: Chapter 6 & 7
 |

| |Present Chapter 10.1 & 10.2
PPT Ch. 10: slides 1-24 |

|Read Ch. 10  | |

| |Homework: Due next Monday, 8 Aug.
 |

| |Chapter 10.1: 4, 8, 16, 18, 22, 26, 30, 34, 38, 40
 |

| |Chapter 10.2: 2, 6, 14, 16, 18, 20, 22, 24, 26, 30 |

| |Wednesday
 |

| |Review Quiz-Ch. 6 & 7
 |

| |Present Chapter 10.2 & 10.3
PPT Ch. 10: slides 25 - 33 |

| |Homework: Due next Wednesday, 11 Aug.
 |

| |Chapter 10.3: 4, 6, 8, 12, 14, 16, 18, 20, 22, 24
 |

|Week 4 |Chapter 11 – Compound Interest and Present Value |

|(8, 10 Aug) |Monday |

|Read Ch. 11 |Present Ch. 11.1, 11.2 |

| |Homework: Due Monday, 17 Aug.
 |

| |Chapter 11.1: 2, 4, 8, 14, 16, 20, 24, 28, 30, 32 |

| |Chapter 11.2: 2, 4, 8, 10, 12, 14, 16, 18, 20, 22 |

| |WED |

| |*** Quiz 2 – Chapter 10 *** |

|Week 5 |Chapter 11 – Compound Interest (continued) |

|(15, 17 Aug) |Review Quiz Ch. 10 |

|Read Ch. 11 |Present Ch. 11.1, 11.2 |

| |WED |

| |*** Quiz 3 – Chapter 11 *** |

|Week 6 |Chapter 12 – Annuities |

|(22, 24 Aug) |Monday |

|Read Ch. 12 |Present Ch. 12.1, 12.2 |

| |Homework: Due Monday, 29 Aug.
 |

| |Chapter 12.1: 2, 4, 6, 8, 10,12, 14 |

| |Chapter 12.2: 2, 4, 8, 10, 12, 14, 16, 18, 20, 22 |

| | |

|Week 7 |*** Quiz 4 – Chapter 12 *** |

|(29, 31 Aug) |Chapter 14 – Mortgages |

|Read Ch. 14 |Homework: Due Wed, 7 Sep.
 |

| |Chapter 14.1: |

| |Chapter 14.2: |

|Week 8 |Chapter 14 – Mortgages (continued) |

|(7 Sep) |Chapter 20 – Investments |

|Read Ch. 14 |ASSIGNMENTS: |

|Read Ch. 20 |Present Chapter 20.2, 20.3 |

| |Homework: Due Wed, 14 Sep.
 |

| |Chapter 20.2: |

| |Chapter 20.3: |

|Week 9 |*** Quiz 5 – Chapter 14 *** |

|(12, 14 Sep) |Chapter 20 – Investments (continued) |

|Read Ch. 20 |Chapter 21 – Business Statistics and Data Presentation |

|Read Ch. 21 |Present Chapter 21.1, 21.2 |

| | |

| |Homework: Due Wed, 21 Sep.
 |

| |Chapter 21.1: |

|Week 10 |Chapter 21 – Business Statistics and Data Presentation (continued) |

|(19, 21 Sep) |ASSIGNMENTS: |

|Read Ch. 21 |Prepare for Final Exam |

|Week 11 |*** FINAL EXAM *** |

|(26, 28 Sep) | |

Instructor’s Biography

Bobbi’s experience includes software, hardware and services marketing management for high-technology companies Mentor Graphics, Tektronix, Texas Instruments and others. Bobbi holds a BS in Computer Science from the University of Florida and an MBA from the University of Oregon and currently provides strategic marketing consulting services for small and medium businesses.

Instructor’s Classroom Policies

• No cell phones in class. If your cell phone or any other device makes noise during class, you lose participation points. If it goes off during an exam, you get a zero on that exam.

• No make-up exams. Your lowest score is thrown out instead. EXCEPTION: I will not throw out final exam scores.

• Homework policy: Assignments will be graded for full credit only if received by the end of the day on the due date. If received by the due date of the next assignment, it will be graded with a 20% discount to your score (i.e., two letter grade deduction). Assignments more than a chapter (unit) overdue will not be accepted.

Heald Policy Reminders

Heald College policies can be found in the Heald Academic Catalog. Please review the reminders below and, if needed, refer to the Academic Catalog for complete policy details.

• Attendance Standards

Students are expected to attend all classes as scheduled, to arrive on time, and to remain until the end of each class. Absences should occur only in the event of illness or unforeseen and unavoidable situations or emergencies. Students should inform his/her instructor of planned absences in advance via email and/or telephone.

This section applies only to residential courses offered on campus. Courses offered online have a separate attendance policy.

All students are expected to attend classes beginning with the first day of each quarter or module. A new or continuing student who has not attended during the add/drop period must attend the first class meeting(s) immediately following the add/drop period in order to remain enrolled in the course or courses for the module or quarter. If there is no attendance in any courses at the completion of the first class meeting(s) following the add/drop period, the student’s enrollment will be cancelled.

If there is attendance in some, but not all of the courses at the completion of the first class meeting immediately following the add/drop period, the student may continue his/her enrollment in the courses attended. Registration in those courses not attended will be cancelled and the grade of NS will be recorded for those courses on the student’s academic record for that quarter. If a student does not attend a class meeting during the add/drop period a grade of NS may be recorded. If a student does post attendance during the add/drop period and then class is dropped after the add/drop period a grade of W will be recorded.

A student who is absent 14 or more consecutive calendar days in a course will be withdrawn from the course. Students who are absent from all scheduled classes for 14 or more consecutive calendar days will be withdrawn from school. In those classes where the 14th day falls on a holiday or a non class scheduling pattern, the determination will be deferred to the next regularly scheduled meeting of that class. Saturdays and Sundays are included in the consecutive absence count. Holidays and break days are excluded.

Students are expected to immediately contact their instructor when they expect to be absent from a scheduled class or classes. Students whose attendance falls below 70% may be subject to additional attendance monitoring requirements and conditions as needed to promote good attendance and academic success.

• Tardy or Early Departure from Class

There may be occasions when students enter after a class has started or may have reason to leave before the end of a class. Students are expected to inform their instructor in advance and enter or leave class quietly, minimizing any disruption. Heald College has established a maximum number of times a student may be tardy or depart from a course early. Attendance monitoring may be required when students reach the maximum number of times tardy or early departures.

• Professional Appearance

At Heald College, student appearance standards have been established to be at or above those normally required in a professional business, industry, or healthcare workplace. The dress standard helps prepare a student for the workplace and fosters a professional appearance, which is a positive factor in job placement. The professional appearance policy is discussed in the enrollment process and is available in the Academic Affairs office. Following medical or dental professional dress practices, healthcare students are required to wear appropriate medical or dental uniforms.

Portfolio

A portfolio represents the assembly of – and reflection upon – the depth and breadth of learning that has taken place at Heald College during your program of study. It can be used during the job interview process to highlight the skills and knowledge gained throughout your education.

You should start saving key assignments from each class in your first quarter at Heald College. You will select those documents that best highlight your skill development throughout your time at Heald. In general, the portfolio should contain evidence of learning related to your program’s outcomes including written communication, business, computer and keyboarding skills, as well as interpersonal skills and teamwork. Consult with your instructor on strategies for collecting evidence.

We recommend creating both an electronic and paper storage system and storing evidence as you complete each course in your program. You can create a folder in your P: drive titled “Portfolio” in which to place portfolio documents. You can also buy a two-inch binder and start saving paper copies of your work.

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