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Business Mathematics

by ; ;
Edition:
11th
ISBN13:

9780321500120

ISBN10:
0321500121
Format:
Paperback
Pub. Date:
1/22/2008
Publisher(s):
Prentice Hall
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Summary

KEY BENEFIT:Business Mathematics, Eleventh Editionmaximizes interest by presenting the necessary mathematics through real-world applications. New examples from real companies and the people who run them are woven throughout the book to apply the concepts to real practices. Many new photographs, news clippings, and graphs have been added to increase the relevance of chapter content to the world of business. The globalization of our society is emphasized through examples and exercises that highlight foreign countries and international topics. KEY TOPICS: Whole Numbers and Decimals; Fractions; Percent; Bank Services; Payroll; Mathematics of Buying; Mathematics of Selling; Simple Interest; Compound Interest; Annuities, Stocks, and Bonds; Business and Consumer Loans; Taxes and Insurance; Depreciation; Financial Statements and Ratios; Business Statistics. MARKET: For all readers interested in business mathematics.

Table of Contents

Preface
Introduction for Students
Pretest in Business Mathematics
Index of Applications
Whole Numbers and Decimals
Whole Numbers
Application Problems
Basics of Decimals
Addition and Subtraction of Decimals
Multiplication and Division of Decimals
Case Study: Subway
Quick Review
Chapter Terms
Summary Exercise: The Toll of Wedding Bells
Test
Fractions
Basics of Fractions
Case Study: Home Depot
Addition and Subtraction of Fractions
Addition and Subtraction of Mixed Numbers
Multiplication and Division of Fractions
Converting Decimals to Fractions and Fractions to Decimals
Quick Review
Chapter Terms
Summary Exercise: Using Fractions with Statistics
Test
Percent
Writing Decimals and Fractions as Percents
Finding Part
Finding Base
Supplementary Application Exercises on Base and Part
Finding Rate
Supplementary Application Exercises on Base, Rate, and Part
Increase and Decrease Problems
Case Study: Century 21
Quick Review
Chapter Terms
Summary Exercise: Investment Gains and Losses
Test
Cumulative Review: Chapters 13
Bank Services
Checking Accounts and Check Registers
Case Study: Jackson and Perkins
Checking Services and Credit-Card Transactions
Bank Statement Reconciliation
Quick Review
Chapter Terms
Summary Exercise: The Banking Activities of a Retailer
Test
Payroll
Gross Earnings: Wages and Salaries
Gross Earnings: Piecework and Commissions
Social Security, Medicare, and Other Taxes
Income Tax Withholding
Case Study: Social Security Administration
Quick Review
Chapter Terms
Summary Exercise: Payroll: Finding Your Take-Home Pay
Test
Mathematics of Buying
Invoices and Trade Discounts
Series Discounts and Single Discount Equivalents
Cash Discounts: Ordinary Dating Method
Case Study: George Foreman
Cash Discounts: Other Dating Methods
Quick Review
Chapter Terms
Summary Exercise: The Retailer: Invoices,Trade Discounts, and Cash Discounts
Test
Mathematics of Selling
Markup on Cost
Markup on Selling Price
Supplementary Application Exercises on Markup
Markdown
Turnover and Valuation of Inventory
Quick Review
Chapter Terms
Summary Exercise: Markdown: Reducing Prices to Move Merchandise
Case Study: REI
Test
Cumulative Review: Chapters 4
Simple Interest
Basics of Simple Interest
Finding Principal, Rate, and Time
Simple Discount Notes
Discounting a Note Before Maturity
Case Study: General Motors
Supplementary Application Exercises on Simple Interest and Simple Discount
Quick Review
Chapter Terms
Summary Exercise: Banking in a Global World:How Do Large Banks Make Money?
Test
Compound Interest
Compound Interest
Interest-Bearing Bank Accounts and Inflation
Case Study: Bank of America
Present Value and Future Value
Quick Review
Chapter Terms
Summary Exercise: Valuing a Chain of McDonald's Restaurants
Test
Cumulative Review: Chapters 8 and 9
Annuities, Stocks, an<$$$>
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