Business Math

CLASS/LAB ROOM #: No on campus rooms will be used except for three on campus tests. These tests
will be based on the Virtual Campus Testing Schedule which can be found on the Virtual Campus web site
(See TESTING be low for more details ).

COURSE DESCRIPTION: This course will be taught using the algebraic formulas as well as the table
lookup method for each concept covered in the text. The course covers basic RATION s-using-inte.html">operations of algebra with
emphasis on banking, percents, business statistics, trade and cash discounts, markup and markdown,
payroll, simple and discount interest, consumer credit, compound interest and present value , annuities and
sinking funds, mortgages, inventory, insurance, taxes and investments.

PREREQUISITES: Math 020 with a grade of C or higher.

TEXT AND COURSE MATERIALS (REQUIRED): Business Math, Eighth Edition, Comprehensive by
Cheryl Cleaves and Margie Hobbs; Pearson Prentice Hall publishers (ISBN #0-138147191) Note, this
ISBN number contains a 21 chapter textbook and a password to access MyMathLab.

Inexpensive scientific calculator with yx and ex function keys.
Internet classes need reliable access to the internet and must have any version of Microsoft Word and
Microsoft Excel installed.

Optional study guide to accompany above text Business Math, Eighth Edition, Comprehensive, Study
Guide (ISBN #978-0-13-514891-4) (This book is not required))

GENERAL INFORMATION
Since Math 020 or higher is a prerequisite for this course, we will skip Chapters 1 and 2 of the book on
whole numbers and fractions. We will begin with a quick review of Chapter 3 on decimal numbers . We will
review rounding, converting decimals to fractions and converting fractions to decimals. The course really
begins with Chapter 4 on Checking Accounts and Bank Statement Reconciliation.

GOALS/OBJECTIVES:
1. Checking Accounts and Bank Statement Reconciliation
2. Using Equations to Solve Business Related Word Problems
3. Solving Business Problems Involving Percents
4. Business Statistics, Measures of Central Tendency and Dispersion
5. Invoices, Trade Discounts and Cash Discounts
6. Markup on Cost, Markup on Selling Price, Markdowns, and Perishables
7. Payroll, Incentive Plans, Deductions, and Record Keeping
8. Understanding Simple Interest, Promissory Notes, and Discount Notes
9. Consumer Credit, Installment Loans, Open and Closed Credit
10. Compound Interest, Present Value and The Time Value of Money
11. Future and Present Value of Ordinary and Annuities Due; Sinking Funds and Amortization
12. Mortgages, Home Equity Loans, and Lines of Credit
13. Inventory Valuation and Methods of Estimating Inventory, Inventory Turnover
14. Life, Property and Motor Vehicle Insurance
15. Sales, Excise, Property, and Income Taxes
16. Stocks, Bonds and Mutual Funds

FREQUENCY OF RESPONSE BY INSTRUCTOR:
College policy requires that an instructor response to a student e-mail be made within two business days.
It is my practice to answer all questions each day and often twice a day.

GETTING HELP
If you need help with math, here are seven ways you can get help:

1. Review the related instructional content and completed exercises in the text. This usually works.

2. The website for this course comes with a wealth of tutorial exercises and practice problems. This is like
a personal electronic tutor showing you step-by- step solutions for each topic covered in the book.

3.Your web site provides telephone and e-mail tutoring for students by the publisher of your text. You can
access the publisher tutor center by clicking on the "Chapter Content" button on the left side of the web
page, then click on "Math Tutor Center".

4. Come to my office for a tutoring session.

5. Visit a math tutoring lab at one of the five campuses of HACC. The Wildwood tutoring center is located
in Whitaker Hall, Room 121. Hours are as follows: Monday through Thursday: 8:00 A.M. to 9:00 P.M.,
Friday: 8:00 A.M. to 3:00 P.M., and Saturday: 10:00 A.M. to 3:00 P.M.

6. Sign up for the free e-mail and telephone tutoring service called SMARTHINKING. The college
subscribes to this service with no charge to the student. You register for this service by clicking on
SMARTHINKING on HACC’s Home Page or on the link provided on your WEbCt home page.

ATTENDANCE AND CLASS PREPARATION: For Internet students, completion of all assigned work on
time is essential. Start your assignments early enough so that you can get help on a problem and still
submit your assignment on time. Also, be sure to check your class WebCt site each day for
communication from your instructor and browse the bulletin board for issues and problems posted by your
classmates. If you cannot meet the assigned schedule due to illness or extended out of town work
assignments, please relay such problems to the instructor so that alternate arrangements can be made.

ADD/DROP POLICY: Last day to add a class, with Administrative Approval, is at the end of the first week
of the semester, January 21, 2009.

Students who drop a course within the first three weeks of the semester will receive no grade.

Students who have registered for the course but do not participate in any assigned work or required
graded activities by the end of the third week will be dropped from the class for nonattendance.

Internet students who have not made prior arrangements with the instructor and have had no pertinent
class activity with in a two week period will be dropped from the course.

Students who drop a course on or before the midpoint of the semester, March 5, 2009 and have
participated in the course activities will receive a grade of W.

Students who drop a course after the midpoint of the semester and on or before the last day of class, May
8, 2009 will receive a grade of W with progress grade of at least 50%; otherwise, will receive a grade of F.

After the last day of class, May 8, 2009, with drawal forms will not be processed.

MAKE-UP TEST POLICY: When a student fails to take one of the scheduled exams during the
posted testing period, no make up will be given unless the student has notified the instructor by
phone or email prior to the test. The make-up test must be rescheduled and taken within one week.
Make-up tests will be taken at the instructor’s office or the Testing Center at the discretion of the
instructor. Make-up tests are generally more difficult. Without a doctor’s excuse, only one make-up per
student per semester will be given, with no exceptions.

HUMAN RRELATIONS: The Pennsylvania Human Relations Act (“PHRAct’) prohibits discrimination
against prospective and current students because of race, color, sex, religious creed, ancestry, national
origin, handicap or disability, record of a handicap or disability, perceived handicap or disability,
relationship or association with an individual with a handicap or disability, use of a guide or support animal,
and/or handling or training of support or guide animals.

The Pennsylvania Fair Educational Opportunities Act (“PFEOAct”) prohibits discrimination against
prospective and current students because of race, religion, color, ancestry, national origin, sex, handicap
or disability, record of a handicap or disability, perceived handicap or disability, and a relationship or
association with an individual with a handicap or disability.

If an accommodation is needed, please contact Elaine Moran, Stabler Hall 108, (717)-780-2633

ACADEMIC DISHONESTY: Academic dishonesty is defined simply as "giving or receiving information
on graded material". Academic dishonesty is not tolerated and will be dealt with by the instructor.
Penalties that may be imposed include but are not limited to:
1. lowering of a grade or failure for a particular assignment;
2. lowering of a grade, failure and/or dismissal from the course;
3. disciplinary probation;
4. suspension from the curriculum;
5. suspension from the College for a period of one semester or more.

CHAPTER HOME WORK: For each chapter there will be a graded chapter assignment that must be
submitted similar to the schedule below under the heading Study Schedule and Chapter Submission
Dates. Each chapter assignment will be graded on a scale from 0 to 10 points.

TESTING:
Internet students will have to attend one of the scheduled testing sessions at the campus where they
registered. The schedule of testing times for each of the three tests can be found by going to the HACC
Home Page then type Paper Testing in the search box. Next, click on Testing and Proctoring and finally
click on Paper Testing Schedules. A copy of the testing schedule for each campus will be made available
through MyMathLab.

Test I can be taken in any one of 22 scheduled sessions (Check specific dates and times).
Test II can be taken in any one of 22 scheduled sessions (Check specific dates and times).
Test III can be taken in any one of 22 scheduled sessions (Check specific dates and times).

All tests are open book and open notes. You are not expected to memorize facts, but be able to apply
them. It is important that you understand the material. You will not be able to complete the tests in the
allotted time if you have not prepared for them. I suggest that you familiarize yourself with the text material
so that you can easily find formulas, definitions, techniques, and procedures while taking the test.

GRADING: Grading will be done on accumulated points on a straight percentage basis. During the
course you will have 15 required chapter assignments and three tests.

Grades will be calculated as follows:

Study Schedule and Chapter Submission Dates

Chapter Assignment

Final Exam – Chapters 4-21excluding 16 & 20 (May 9 thru May 13)