Skip To Content
Financial Math Basics
Course

Financial Math Basics

Time limit: 90 days

$169 Enroll

Full course description

Mathematics is a foundational pillar of business and finance. It is necessary to understand how to apply math in different financial situations to have business success. This course will allow you to strengthen your math skills by providing examples of how basic math concepts apply in a variety of financial settings, including calculating interest, business expenses, and employee compensation.

 

Learning Outcomes:

Apply concepts of percentages to calculate percent change, discounted prices, and sales tax

Distinguish between markup percentages and profit margins

Calculate interest including simple interest and compound interest

Compute the annual percentage yield (APY) and annual percentage rate (APR) in different situations

Compute the present value and future value of an investment

Calculate interest for installment buying and open-end credit

Compute annual depreciation using different methods of depreciation

Determine the distribution of overhead

Understand how net wages are calculated for employees

Evaluate stock investments using different financial ratios

 

Credits:

IACET CEUs: 0.6 (Contact Hours: 6 hours)

 

Estimated time to complete: 6 hours