 Business Math surveys various topics from a mathematical perspective. Manyy concepts will be applicable to personal finance, also. The main topic areas are accounting, budgeting, interest/time value of money, taxes, banking, credit, and insurance. If time allows, we touch on statistics and/or economics. Students are expected to show proficiency with these topics on paper and using Microsoft Excel.

Chapters 1: Review of Whole Numbers and Integers

• Whole numbers
• Order of operations
• Rounding integers

Chapter 2: Review of Fractions

• Identifying fractions
• Operations with fractions

Chapter 3: Decimals

• Rounding decimals
• Operations with decimals
• Decimal – fraction conversions

Chapter 5: Equations

• Using equations to solve word problems
• Arranging equations

Chapter 6: Percents

• Percent equivalents
• Solving percentage problems

Chapter 21: Financial Statements

• Balance sheet
• Income statement
• Budgeting

Chapter 11: Simple Interest and Simple Discount

• Simple interest
• Ordinary and exact interest
• Promissory notes

Chapter 12: Consumer Credit

• Installment loans and closed-end credit
• Open-end credit

Chapter 13: Compound Interest, Future Value, and Present Value

• Compound interest and future value
• Present value

Chapter 14: Annuities and Sinking Funds

• Future value of an annuity
• Sinking funds and present value of an annuity

Chapter 15: Building Wealth Through Investments

• Stocks
• Bonds
• Mutual funds

Chapter 16: Mortgages

• Mortgage payments
• Amortization schedules
• Qualifying ratios

Chapter 4: Banking

• Checking account transactions
• Reconciling bank statements

Chapter 10: Payroll

• Gross pay
• Payroll deductions
• Employer payroll taxes

Chapter 20: Taxes

• Sales and excise taxes
• Property tax
• Income taxes

Chapter 19: Insurance

• Life insurance
• Property insurance
• Motor vehicle insurance