Financial Math Basics
This course is designed to strengthen your math skills in a variety of financial settings.
Program Overview
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.
Duration
Approximately 6 hours
Access Time: 90 daysEstimated Tuition
$139
No additional materials requiredWays to Learn
Online
Credit
0.6 CEUs
Program Partner
We partnered with MindEdge to bring you affordable, full suite, cloud-based, content-rich online education.
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 - 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
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive CEUs.
Program Details
Key Features
Mobile-friendly
Audio-enabled
Badge and credit-awarding
Real-world case studies
Games & Flashcards
Expert-supported
Video content