MAT-110 Mathematics of Money

This course is directed toward the student who wishes to study mathematics with business and financial applications. The philosophy of the department is that this course is a mathematics course using business-related topics to enhance the student's abilities in and appreciation for mathematics. The course emphasizes the appropriate use of mathematical tools including formulas, algebra, calculators, estimation techniques, and spreadsheets. The course topics are chosen so as to be of interest to a broad range of students. Among the topics chosen are simple interest, simple discount, compound interest, present and future value of annuities, and other specific financial applications. This course carries SUNY General Education Mathematics (and Quantitative Reasoning) credit.

Credits

3

Lecture Contact Hours

3

Lab Contact Hours

0

Other Contact Hours

0

Department

  • Mathematics

Grading Scheme

  • Letter

SUNY Gen Ed Credit

  • Yes

Semesters Course Will Be Offered

  • Fall
  • Spring
  • Summer
  • Winter

Course Learning Outcomes

  1. Use mathematics, including algebra and other techniques, to solve applied problems in the business world such as mortgages, car loans, credit cards, investments and financial planning.
  2. Use technology, including scientific calculators and spreadsheet software, to perform financial calculations and solve applied problems.
  3. Make decisions based on facts found through mathematical computations.
  4. Analyze business and financial problem situations.
  5. Evaluate reasonableness of results and draw appropriate conclusions.
View Course Outline

MAT 110: Mathematics of Money

Department

Mathematics

Course Description

This course is directed toward the student who wishes to study mathematics with business and financial applications. The philosophy of the department is that this course is a mathematics course using business-related topics to enhance the student's abilities in and appreciation for mathematics. The course emphasizes the appropriate use of mathematical tools including formulas, algebra, calculators, estimation techniques, and spreadsheets. The course topics are chosen so as to be of interest to a broad range of students. Among the topics chosen are simple interest, simple discount, compound interest, present and future value of annuities, and other specific financial applications. This course carries SUNY General Education Mathematics (and Quantitative Reasoning) credit.

Credit Hours

3

Contact Hours

Lecture3
Lab0
Other0

Grading Scheme

Letter

Semester(s) Course Will Be Offered

Fall, Spring, Summer, Winter

SUNY General Education Course

  • Mathematics and Quantitative Reasoning

Course Learning Outcomes

  1. Use mathematics, including algebra and other techniques, to solve applied problems in the business world such as mortgages, car loans, credit cards, investments and financial planning.
  2. Use technology, including scientific calculators and spreadsheet software, to perform financial calculations and solve applied problems.
  3. Make decisions based on facts found through mathematical computations.
  4. Analyze business and financial problem situations.
  5. Evaluate reasonableness of results and draw appropriate conclusions.