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Rowe College Business Mathematics
Third Edition
Authors:
J. Marshall Hanna
Leonard Goldstein
Rowe List No.:
145-3
ISBN:
0-88294-664-1
Pages:
194
Completion Time:
48-60 hours
Copyright:
1990

 


Rowe College Business Mathematics
is designed for students who will spend much of their time on the job working with numbers or mathematical computations. The book is appropriate for use in accounting, computing, data processing, and office administration programs. The text is designed to be a full business mathematics course, providing instruction and practice in a complete range of business-related math.

Rowe College Business Mathematics is designed for ease and efficiency of use. In each unit the material is presented in this pattern:
  • Instruction: The new principle for that unit is introduced with numerous examples.
  • Practice Steps: The new principle is illustrated in a business-related word problem, with the solution steps carefully enumerated.
  • Basics: A two-page worksheet tests the mechanics of the new principles presented in the unit.
  • Application: A two-page worksheet provides realistic business problems to test proficiency with basic skills.
  • Review: A final two-page worksheet provides tabular problems and word problems to review and test cumulative learning.
All of the instruction material is presented in a concise style, with a heavy emphasis on examples and practice. Every worksheet in the text is divided into varied parts that total 100 points per worksheet for easy grading. A chart is provided for students' use in keeping track of their progress. The scoring column to the right of each worksheet pages guarantees the uniform recording of student answers and also allows easy checking against the Instructor's Key.

The Instructor's Key is provided free with a classroom order of the text. The key offers the correct answers to all the text exercises on overprinted pages. Examples are reproduced at full size to make grading easier.

A set of tests is provided free with a class-size order. The four tests in the set are designed for use at specified points in the course. An Instructor's Key to the tests is also provided free.

 


Contents

Unit 1 Business Mathematics
Reading Numbers
Writing Numbers
Proofreading Numbers
Applying Your Skills
Using Mental Arithmetic
Skills Check
Business Applications

Unit 2 Adding and Subtracting
Adding
Subtracting
Calculating Horizontally
Working with Measurements
Skills Check
Business Applications

Unit 3 Using Banking Services
Making a Bank Deposit
Keeping Personal Records
Reconciling the Bank Balance
Skills Check
Business Applications
Review

Unit 4 Multiplication and Division
Multiplication
Division
Checking for Accuracy
Checking the Tape
Multiplication Shortcuts
Finding the Average
Skills Check
Business Applications
Review

Unit 5 Adding and Subtracting Fractions
Fractions
Changing Fractions to Different Terms
Adding or Subtracting Fractions
The Lowest Common Denominator
Adding or Subtracting Mixed Numbers
Skills Check
Business Applications
Review

Unit 6 Multiplying and Dividing Fractions
Multiplying Fractions
Cancellation
Multiplying Whole Numbers by Fractions
Multiplying Mixed Numbers
Dividing Fractions
Dividing Mixed Numbers
Finding the Whole amount from a Fractional Part
Skills Check
Business Applications
Review

Unit 7 Using Decimals
Decimals
Changing Fractions to Decimals
Dollars and Cents
Adding Decimals
Subtracting Decimals
Multiplying Decimals
Skills Check
Business Applications
Review

Unit 8 Dividing Decimals
Dividing a Decimal by a Whole Number
Dividing a Decimal by Another Decimal
Dividing a Whole Number by a Decimal
Dividing Without Moving the Decimal Point
Checking the Answer
Dividing by Powers of 10
Rounding Off Decimals
Skills Check
Business Applications
Review

Unit 9 Using Percent in Business
Percents, Fractions, and Decimals
Calculating Percentages
Calculating a Given Percentage of Increase or Decrease
Shortcut Calculations
Skills Check
Business Applications
Review

Unit 10 Finding Percents
The Basic Formula
Business Applications
Calculating a Percent of Increase or Decrease
Skills Check
Business Applications
Review

Unit 11 Calculating Trade and Cash Discounts
Trade Discount
Calculating a Discount Series
Single Discount Equivalents
Cash Discount
Skills Check
Business Applications
Review

Unit 12 Finding the Base and Calculating Markup
Using a Formula to Find the Base
Using the 1% Method to Find the Base
Finding a Base that is Increased or Decreased by a Certain Percent
Calculating Markup
Skills Check
Business Applications
Review

Unit 13 Working with Interest
Interest
Time
Finding the Number of Days
Finding the Due Date
Finding the Principal
Finding the Rate
Finding the Time
Promissory Notes
Partial Payments on Notes
The 60-Day or 6% Method
Using the 60-Day Method for Rates Other Than 6%
Skills Check
Business Applications
Review

Unit 14 Using Time and Interest Tables
The Time Table
The Interest Table
Skills Check
Business Applications
Review

UNIT 15 Borrowing Money from the Bank
Bank Discount
Discounting Notes
Discounting Non-Interest-Bearing Notes
Discounting an Interest-Bearing Note
Cash Discount Compared with Interest
Skills Check
Business Applications
Review

Unit 16 Installment Sales and Personal Loans
Interest on the Initial Unpaid Balance
Interest on the Average Balance
Monthly Interest on Individual Monthly Balances
Shortcut to Find Total Interest
The Rule of 78
Skills Check
Business Applications
Review

Unit 17 Calculating Depreciation
Depreciation Terms
Straight-Line Method
Declining-Balance Method
Sum-of-the-Years'-Digits Method
Units-of-Production Method
Skills Check
Business Applications
Review

Unit 18 Making Investment Calculations
Stocks
Stock Prices
Finding the Cost of Stock
Calculating Dividends
Finding the Rate of Return (Yield)
Bonds
Finding the Current Yield of Bonds
Skills Check
Business Applications
Review

Unit 19 Working with Payrolls
The Hourly-Rate Plan
The Piece-Rate Plan
The Commission Plan
The Salary Plan
The Salary-Commission Plan
Finding the Hours Worked
Deductions
Tax Forms, Tables, and Rate Schedules
Skills Check
Business Applications
Review

Unit 20 Making Graphs
The Bar Graph
The Component Bar Graph
The Line Graph
The Circle Graph
Skills Check
Business Applications
Review

Unit 21 Insurance Calculations
Premium Rates
Short-Term Rates
Cancellations of Policies
Insurance with Various Companies
Coinsurance
Skills Check
Business Applications
Review

Unit 22 Compound Interest, Annuities, and Sinking Funds
Compound Interest
Using a Table
Compound Interest at Different Time Intervals
Finding the Present Value
Annuities
Finding the Amount of an Ordinary Annuity
Finding the Amount of an Annuity Due
Sinking Funds
Skills Check
Business Applications
Review

Unit 23 Working with Measurements and Metrics
The English System
The Metric System
Converting from One System to the Other
Areas, Volumes, and Special Measurements
Skills Check
Business Applications
Review
Glossary-Index
Progress Chart

 


 

 
     

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