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:

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 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

Official Course Syllabus
2023-2024