MAT 160 - Math for Business and Finance

Class: 3 Credits: 3
This course includes the following topics: commissions, mark-on, depreciation, interest on unpaid balances, compound interest, payroll, taxes, and graphs.

Prerequisite(s): Take MAT 032 and RDG 032.

Course Topics:

Percents and their applications
Payroll and Income Tax
Installment Buying
Markups and Markdowns
Depreciation
Simple interest
Compound interest

Textbooks:
Textbook information can be found on the Book Inn Web site

Required Materials:

Scientific calculator.
Any other device must be approved by the instructor of the course.

Grading System:
A 90-100
B 80-89
C 70-79
D 60-69
F 0-59

Student Learning Outcomes:

Evaluate commissions, mark-up, or mark-down using the percent equation.
Calculate gross earnings using appropriate financial methods.
Interpret payroll taxes using IRS tax tables.
Calculate interest on investments or debts using interest equations.
Determine the face value needed to achieve the desired proceeds for a simple discount note in an application problem.

For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Policies that include:

Required materials for all online courses
Mandatory Attendance Requirement
Proctored Exams

Standard SCC Course Policies:
Please review the Standard SCC Course Polices on the following topics:

Academic Integrity
Academic Misconduct
Add/Drop period
Appeals Process
Class Attendance
Classroom Behavior (traditional and online)
Classroom Conduct/Expectations
Lab Procedures (general SCC policy regarding this)
Online Confidentiality
Services For Students with Disabilities
Withdrawal Policy

Official Course Syllabus
2021-2022