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Covers such aspects of business mathematics as basic arithmetic, statistics, measurements, and personal finance.
"The fifteenth edition of Business Mathematics has been significantly revised to update the text, improve the discussions, and make the material more relevant to students. The focus on real-world applications has been sharpened. A different well-known company is highlighted at the beginning of each chapter and used throughout the chapter in examples, discussions, exercises, and a case at the end. Each chapter ends with two business application cases that will help students integrate concepts from the chapter. This edition is full of data, examples, graphs, photographs, and news clippings that will help students understand the relevance of the material as it teaches them to interpret data and information. A global perspective is emphasized through examples and exercises that highlight issues in other countries. This book shows students how to use math to solve a wide variety of problems in business and also within families. Primary goals are to develop students' understanding of business, increase their ability to figure out how to work many different kinds of business problems, and motivate them using many actual business applications to which they can relate"--
Business Mathematics focuses on transforming learning and teaching math into its simplest form by adopting learning by application approach. The book is refreshingly different in its approach, and endeavors to motivate student to learn the concept and apply them in real-life situations. It is purposely designed for the undergraduate students of management and commerce and covers wide range of syllabuses of different universities offering this course.
Crunch numbers and calculate business solutions with this straightforward guide Now, it is easier than ever before to understand complex mathematical concepts and formulas and how they relate to real-world business situations. All you have to do it apply the handy information you will find in Business Math For Dummies. Featuring practical practice problems to help you expand your skills, this book covers topics like using percents to calculate increases and decreases, applying basic algebra to solve proportions, and working with basic statistics to analyze raw data. Find solutions for finance and payroll applications, including reading financial statements, calculating wages and commissions, and strategic salary planning. Navigate fractions, decimals, and percents in business and real estate transactions, and take fancy math skills to work. You’ll be able to read graphs and tables and apply statistics and data analysis. You’ll discover ways you can use math in finance and payroll investments, banking and payroll, goods and services, and business facilities and operations. You’ll learn how to calculate discounts and markup, use loans and credit, and understand the ins and outs of math for business facilities and operations. You’ll be the company math whiz in no time at all! Find out how to: Read graphs and tables Invest in the future Use loans and credit Navigate bank accounts, insurance, budgets, and payroll Calculate discounts and markup Measure properties and handle mortgages and loans Manage rental and commercial properties Complete with lists of ten math shortcuts to do in meetings and drive your coworkers nuts and ten tips for reading annual reports, Business MathFor Dummies is your one-stop guide to solving math problems in business situations.
You can get there Where do you want to go? You might already be working in a business setting. You may be looking to expand your skills. Or, you might be setting out on a new career path. Wherever you want to go, Business Math will help you get there. Easy-to-read, practical, and up-to-date, this text not only helps you learn fundamental mathematical concepts needed for business, it also helps you master the core competencies and skills you need to succeed in the classroom and beyond. The book's brief, modular format and variety of built-in learning resources enable you to learn at your own pace and focus your studies. With this book, you will be able to: * Understand the business uses of percent calculations. * Solve business problems using algebraic equations. * Learn why stores markup and markdown their inventory. * Calculate different types of discounts. * Examine different banking options. * Compare personal, sales, and property taxes and the implications of taxing income, property, and retail sales. * Calculate simple and compound interest and learn how each affects the future value of money. * Explore the uses of promissory notes, mortgages, and credit cards and how to calculate the cost of each. * Learn different ways to determine the loss of value of business property and equipment, and the effect of depreciation on taxes. * Examine financial statements and learn how to read the income statement and the balance sheet. * Learn how to calculate the mean, median, mode, and range of data. Wiley Pathways helps you achieve your goals When it comes to learning about business, not everyone is on the same path. But everyone wants to succeed. The new Wiley Pathways series in Business helps you achieve your goals with its brief, inviting format, clear language, and focus on core competencies and skills. The books in this series--Finance, Business Communication, Marketing, Business Math, and Real Estate--offer a coordinated curriculum for learning business. Learn more at www.wiley.com/go/pathways.
TO THE FIRST RUSSIAN EDITION It was a very difficult task to write a guide-book of a small size designed to contain the fundamental knowledge of mathema tics which is most necessary to engineers and students of higher technical schools. In our tendency to the compactness and brevity of the exposition, we attempted, however, to produce a guide-book which would be easy to understand, convenient to use and as accurate as possible (as much as it is required in engineering). It should be pointed out that this book is neither a handbook nor a compendium, but a guide-book. Therefore it is not written as systematically as a handbook should be written. Hence the reader should not be surprised to find, for example, I'HOpital's rule in the section devoted to computation of limits which is a part of the chapter "Introduction to the analysis" placed before the concept of the derivative, or information about the Gamma function in the chapter "Algebra"-just after the concept of the factorial. There are many such "imperfections" in the book. Thus a reader who wants to acquire certain information is advised to use not only the table of contents but also the alpha betical index inserted at the end of the book. If a problem mentioned in the text is explained in detail in another place of the book, then the corresponding page is indicated in a footnote.
Step-by-Step Business Math and Statistics is written to help those who need a quick refresher on mathematics and statistics as the foundation of a rigorous MBA program. This book fills the gap left by many textbooks that are often dedicated to either mathematics or statistics, but not both. It also serves as both a textbook that describes basic concepts and a workbook that shows plenty of examples and exercise problems. This book covers only the most fundamental topics in business mathematics and statistics and truly lays down the basic concepts step by step. Step-by-Step Business Math and Statistics covers the essentials of mathematics and statistics, including: - Algebra Review - Calculus Review - Optimization Methods - Applications to Economics - Data Collection Methods - Probability Theory - Sampling Distributions - Multiple Regression Analysis Jin Choi is Associate Professor of Economics in the Kellstadt Graduate School of Business at DePaul University (Chicago, Illinois). He specializes in teaching quantitative topics such as business mathematics, statistics, forecasting, and quantitative investment analysis. He also teaches topics on money and banking and serves as a member of the board of directors of a $555 million community bank in Chicago. He received the Excellence in Teaching award in 2007 from DePaul University and emphasizes practical use of theory in his teaching.
The success of business today is dependent on the knowledge and expertise of its employees. The need for mathematics arises naturally in business such as in the work of the actuary in an insurance company, the financial mathematics required in the day-to-day work of the banker and the need to analyse data to extract useful information to enable the business to make the right decisions to be successful. A Guide to Business Mathematics provides a valuable self-study guide to business practitioners, business students and the general reader to enable them to gain an appropriate insight into the mathematics used in business. This book offers an accessible introduction to essential mathematics for the business field. A wide selection of topics is discussed with the mathematical material presented in a reader-friendly way. The business context motivates the presentation. The author uses modelling and applications to motivate the material, demonstrating how mathematics is used in the financial sector. In addition to the role of the actuary and the banker, the book covers operations research including game theory, trade discounts and the fundamentals of statistics and probability. The book is also a guide to using metrics to manage and measure performance, and business economics. Foundations on algebra, number theory, sequences and series, matrix theory and calculus are included as is a complete chapter on using software. Features • Discusses simple interest and its application to promissory notes/treasury bills. • Discusses compound interest with applications to present and future values. • Introduces the banking field including loans, annuities and the spot/forward FX market. • Discusses trade discounts and markups/markdowns. • Introduces the insurance field and the role of the actuary. • Introduces the fields of data analytics and operations research. • Discusses business metrics and problem solving. • Introduces matrices and their applications. • Discusses calculus and its applications. • Discusses basic financial statements such as balance sheet, profit and loss and cash account. • Reviews a selection of software to support business mathematics. This broad-ranging text gives the reader a flavour of the applications of mathematics to the business field and stimulates further study in the subject. As such, it will be of great benefit to business students, while also capturing the interest of the more casual reader. About the Author Dr. Gerard O'Regan is an Assistant Professor in Mathematics at the University of Central Asia in Kyrgyzstan. His research interests include software quality and software process improvement, mathematical approaches to software quality, and the history of computing. He is the author of several books in the Mathematics and Computing fields.
Using a text/workbook format to develop problem-solving skills, this book is designed to show how maths is used in real-world business situations. It includes a built-in study guide, Quick Review, which provides a bird's eye overview of each chapter to help reinforce basic understanding and study skills.