Mathematics for Business

Mathematics for Businessprovides practical, up-to-date coverage of the mathematical techniques students must master to succeed in business today. Covering more algebra than competing books, it looks at a range of topics such as payroll records, inflation and the time value of money, range and standard deviation and index numbers. Examples and problems relate to real world events and personal finance issues so material is relevant to students. This tenth edition is supported by MyMathLab, includes over 150 new problems, uses Apple as a case study illustration, and addresses the global financial crisis and personal debt.

PART I: BASIC MATHEMATICS

1.      Problem Solving and Operations with Fractions

2.      Equations and Formulas

3.      Percent

4.      Business Statistics

 

PART II: BASIC BUSINESS APPLICATIONS

5.      Banking Services

6.      Payroll

7.      Taxes

8.      Risk Management

 

PART III: Mathematics of Retailing

9.      Mathematics of Buying

10.  Markup

11.  Markdown and Inventory Control

 

PART IV: MATHEMATICS OF FINANCE

12.  Simple Interest

13.  Notes and Bank Discount

14.  Compound Interest

15.  Annuities and Sinking Funds

16.  Business and Consumer Loans

 

PART V: ACCOUNTING AND OTHER APPLICATIONS

17.  Depreciation

18.  Financial Statements and Ratios

19.  Distribution of Profits, Stocks, and Bonds

 

APPENDIX A: CALCULATOR BASICS

APPENDIX B: THE METRIC SYSTEM

APPENDIX C: INTEREST TABLES

APPENDIX D: CALENDAR AND IMPORTANT FORMULAS

 

Answers to Selected Exercises

Glossary

Index