Product Details
Topics Covered
- Application of Percentages: Taxes, Discounts, and Pricing
- Interest
- Installment Buying
- Overhead Allocation
- Depreciation
- Employee Comprehension Methods
- Stocks
Key Features
- Mobile-friendly
- Audio-enabled
- Badge and credit-awarding
- Real-world case studies
- Games & Flashcards
- Expert-supported
- Video content
Course Preview
Course Description
Mathematics is a foundational pillar of business and finance. It is necessary to understand how to apply math in different financial situations to have business success. This course will allow you to strengthen your math skills by providing examples of how basic math concepts apply in a variety of financial settings, including calculating interest, business expenses, and employee compensation.
Learning Outcomes
- Apply concepts of percentages to calculate percent change, discounted prices, and sales tax
- Distinguish between markup percentages and profit margins
- Calculate interest including simple interest and compound interest
- Compute the annual percentage yield (APY) and annual percentage rate (APR) in different situations
- Compute the present value and future value of an investment
- Calculate interest for installment buying and open-end credit
- Compute annual depreciation using different methods of depreciation
- Determine the distribution of overhead
- Understand how net wages are calculated for employees
- Evaluate stock investments using different financial ratios
Notes
This course has an "Ask the Expert" feature, which submits your questions directly to an expert in the field you are studying. Questions are answered as quickly as possible and usually within 24 hours.
As an Accredited Provider, MindEdge offers for its learning events that comply with the Continuing Education and Training Standard.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive credit. Learners will have three attempts at all graded assessments.
