MATH 106 Mathematical Applications for Management
This is a study of math concepts, used as tools, specifically in business functions. Topics covered include: linear equations and inequalities; linear programming; matrices; mathematics of finance; and basic probability and statistics.
Prerequisite
Two years of high school algebra or college equivalent
Offered
Spring
Student Learning Outcomes
- Write a linear equation using two points.
- Explain the meaning of a slope and y-intercept.
- Solve linear inequalities and systems of linear equations.
- Add, subtract, and multiply and reduce matrices.
- Compute simple and compound interest.
- Compute an annuity, a sinking fund, an amortization, or a present value.
- Do basic counting and compute probabilities.
- Calculate simple statistics.