The course is designed to
introduce the basic mathematical skills needed to understand, analyse, and
solve mathematical problems encountered in business and finance, and in
investment decision making. Students are expected to be able to perform the
basic arithmetic operations addition, subtraction, multiplication and division
with ease, and to have some familiarity with fractions, with algebraic
operations, and with some basic mathematical principles.
This course applies students'
interpretation of basic mathematical
concepts to common business
usage covering such topics as percentages, interest, apply the principles of simple
interest to solve relevant problems in financial applications such as
simple-interest-based loans, use
the principles of compound interest to solve relevant problems in financial
applications, for example, those involving savings plan, annuities, loans and
mortgages, bonds and sinking funds, and investment decisions.
- Teacher: Haguma Gratien