Posts: 749
Threads: 57
Likes Received: 1 in 1 posts
Likes Given: 0
Joined: Jun 2008
Does her school accept ACE credits ?
If yes try this course at Penn Foster -- Math for Business and Finance (MAT 106)-- and then have an ACE transcript sent to her college.
Credit Type: Course
ACE Course Number: 0056
Organization: Penn Foster College
Location: Self-study
Length: Correspondence program
Dates Offered: 6/1/2007 - Present
Description: Correspondence program. Student will be able to perform basic operations using whole numbers, fractions, decimals, and percents; understand and use a checking account and prepare a bank statement reconciliation; understand, write, and solve business-related equations; perform basic business-related math involving invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value; apply knowledge of business math to annuities, consumer and business credit, mortgages, financial statements and ratios, inventory, and depreciation; apply knowledge of business math to taxes, insurance, and investments; and interpret business date and statistics and present them in an understandable format.
Objective: To provide the student with a foundation in basic mathematical operations required for entry level contemporary business positions.
Learning Outcome: Upon the successful completion of this course, the student will be able to perform basic operations using whole numbers, fractions, decimals, and percents; understand and use a checking account and prepare a bank statement reconciliation; understand, write, and solve business-related equations; perform basic business-related math involving invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value; apply knowledge of business math to annuities, consumer and business credit, mortgages, financial statements and ratios, inventory, and depreciation; apply knowledge of business math to taxes, insurance, and investments; and interpret business date and statistics and present them in an understandable format.
Instruction: Major topics covered in the course are a review of basic operations; fractions, decimals, and percents; using equations to solve business problems; business-related math topics including invoices, trade and cash discounts, markup and markdown, payroll, simple interest and promissory notes, and compound interest and present value; annuities; sinking funds and amortization; consumer and business credit; mortgages; financial statements and ratios; inventory; depreciation; taxes-sales and excise, property, and income; life, property, and motor vehicle insurance; stocks, bonds, and mutual funds; and business statistics and data presentation including data interpretation, measures of central tendency, and frequency distribution. Methods of instruction include self-study, study guides, textbooks, unit tests, and proctored final examination.
Credit Recommendation: In the lower division baccalaureate/associate degree category, 3 semester hours in Business Math. (6/07) NOTE: Credit should be awarded for either this course or Mathematical Applications (MAT 102) but not for both courses.