This course is designed to help students recall, and then put to practical use, the math they’ve already learned, in order to quickly and accurately handle a variety of business (and personal) situations. Whether it’s figuring discounts, markups, markdowns, wages, mileage, overtime, productivity, surface areas, shipping charges, commissions, interest, percent of increase or decrease, averages, gross income, net weight, etc., a thorough knowledge of business math will prove invaluable throughout life.
Course Description
Business Math consists of three study units—Part 1, Part 2, and Part 3—with three multiple-choice exams.
Course Objectives
Upon completion of this course, students will be able to:
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Use the appropriate problem-solving procedures
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Add, subtract, multiple, divide, and round off whole numbers
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Find averages
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Check their calculations
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Add, subtract, multiply, and divide fractions, decimals, and mixed numbers
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Round off decimals
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Change mixed numbers to improper fractions, and vice versa
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Calculate the lowest common denominator of a group of unlike fractions
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Convert from the metric system to the English system, and vice versa
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Take full advantage of calculators to solve and check math problems
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Change decimals and fractions to percentages, and vice versa
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Define rate, percent, and percentage and use formulas to calculate their values
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Calculate discounts, series discounts, cash discounts, and shipping charges
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Calculate the percentage of increase and decrease
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Calculate gross pay, net pay, commissions, and overtime wages
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Calculate simple interest and compound interest
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Use a calculator to solve and check percentage, income, and interest problems
Course Outline
Part 1
Math and Business: A Look at Mathematics; Accuracy and Speed; Problem-Solving Procedure; Using the Problem-Solving Procedure • Whole Numbers: Definition; Place Value of Digits; Adding, Subtracting, Multiplying, Dividing, and Rounding Whole Numbers
Part 2
Fractions: Definition; Kinds; Reducing Fractions; Changing Improper Fractions to Mixed Numbers, and Vice Versa; Adding, Subtracting, Multiplying, and Dividing Fractions • Decimals: Importance; Defined; Place Values of Whole Numbers and Decimals: Adding, Subtracting, Multiplying, and Dividing Decimals; Calculator Applications • Metric System: Why Metric?; Metric Units; Using Conversion Factors; Calculator Applications
Part 3
Percentage: Percentages in Business; Working with Percentages; Vocabulary of Percentages; Solving Percentage Problems; Discounts; Discount Series; Percent of Increase and Decrease; Cash Discounts; Shipping Charges; Calculator Applications • Income: Earning Money; Hourly Wages; Overtime; Piecework Wages; Salary; Commissions; Net Pay; Calculator Applications • Interest: Definition; Simple Interest; Compound Interest; Calculator Applications
How it Works After registering for the Business Math course, all of your learning materials will be shipped directly to you. If you like, you can also go to our website and download some of your study materials to get a head start. Your learning materials will guide you through the course content, explaining concepts and operations through a series of lessons. After each lesson, you’ll take an exam which you can submit by phone or our website. As you pass each lesson, you’ll proceed to the next topic until you complete the course.
There are three exams that need to be passed to complete your course in Business Math and you’ll have up to 15 weeks to complete the course.
Support
If you should ever need help with your studies, you can e-mail or call our instructors who will gladly help you with any questions that you might have.
Study Time
Since there is no set class schedule, you study when and where it’s convenient for you. You can complete your course as quickly as you’d like.
Completion
When you have successfully completed your course, you will receive a letter of completion along with an official transcript listing your completed course(s) and grades. You can apply your course towards our Diploma Program or a diploma from your local High School (be sure to check with your school authorities regarding mandatory attendance policies and whether they agree that the Penn Foster High School Program is acceptable toward the completion of your high school education).
Accreditation
Penn Foster High School is accredited by The Middle States Commission on Secondary Schools; has met the high standards of integrity and performance set by the Accrediting Commission of the Distance Education and Training Council (DETC), Washington D.C., and is licensed by the Pennsylvania State Board of Private Licensed Schools.
Whether you’re looking for accelerated studies or credit recovery, regionally and nationally accredited Penn Foster High School provides the courses you need to complete your High School Diploma.
