Students are introduced to mathematics of management, which includes such concepts as simple interest, discounts, present value, time value of money, compound interest, annuities, sinking funds, capitalized cost, and bonds and stocks. This course assumes no prior knowledge of the mathematics of finance, as each of the topics is presented in a step-by-step manner, with examples provided. Prerequisites: Pre-calculus 11, Foundations of Mathematics 12, MATH 0523. Notes: 1. Students will only receive credit for one of MATH 1070/1071, MATH 1090/1091 and MATH 1100/1101 2. This course is NOT the equivalent of TRU's MATH 1070 or MATH 1071. Normally, students in business programs offered through TRU-OL take only one of MATH 1091 and 1071. This course does not meet the mathematics/science requirement for arts and science degree programs offered through TRU-OL.
Students are introduced to mathematics of management, which includes such concepts as simple interest, discounts, present value, time value of money, compound interest, annuities, sinking funds, capitalized cost, and bonds and stocks. This course assumes no prior knowledge of the mathematics of finance, as each of the topics is presented in a step-by-step manner, with examples provided. Prerequisites: Pre-calculus 11, Foundations of Mathematics 12, MATH 0523. Notes: 1. Students will only receive credit for one of MATH 1070/1071, MATH 1090/1091 and MATH 1100/1101 2. This course is NOT the equivalent of TRU's MATH 1070 or MATH 1071. Normally, students in business programs offered through TRU-OL take only one of MATH 1091 and 1071. This course does not meet the mathematics/science requirement for arts and science degree programs offered through TRU-OL.
