Jun 19, 2024  
2023-2024 Catalog 
    
2023-2024 Catalog Archived

MAT 160 - Math for Business and Finance


Lecture Hours: 3 Credits: 3

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

Prerequisite(s): Take MAT 100  and RDG 100  with a minimum grade of C.
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 website
Required Materials:
  • Scientific calculator.
  • Any other device must be approved by the instructor of the course.

Grading System:
An overall grade of C or higher is required for transferability.

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


Student Learning Outcomes:
  1. Evaluate commissions, mark-up, or mark-down using the percent equation.
  2. Calculate gross earnings using appropriate financial methods.
  3. Interpret payroll taxes using IRS tax tables.
  4. Calculate interest on investments or debts using interest equations.
  5. 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 Course Policies  that include:

  • Identity Verification
  • Required materials for all online courses
  • Mandatory Attendance Requirement
  • Orientation and Support
  • Proctored Exams

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

  • Academic Integrity
  • Add/Drop period
  • Attendance
  • Classroom Conduct
  • Equal Access
  • IT Access
  • Online Behavior
  • Online Confidentiality
  • Services For Students with Disabilities
  • Student Concerns
  • Student Help Services
  • Withdrawals


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Official Course Syllabus
2023-2024