Math for Business and Finance (MAT 106)
Issued by
Penn Foster
The course objective is to provide the student with a foundation in basic mathematical operations. Topics covered include percentages; discounts; interest; present worth; sinking funds; installment buying; pricing; depreciation; investments; insurance; use of symbols and their applications, equations and formulas; and the importance of statistics.
- Type Validation
- Level Foundational
- Time Months
Earning Criteria
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The methods of assessment include quizzes, examinations, and a comprehensive final proctored exam with a minimum passing score of 70 percent.
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The methods of instruction include study guides and a textbook. The general course topics include basic operations and banking, business and finance basics I, business and finance basics II, business and finance basics III and statistics.