This introductory course examines practical financial and mathematical problems encountered in the business community such as the mathematics of merchandising, break-even analysis and the time value of money. Other calculations include using the valuation principle to determine the pricing of T-bills, interest paid on GICs, pricing of annuities, mortgages, bonds, and preferred shares.

Other Prerequisites: Business Management Post Degree Diploma students: None. All others: One of the following with a 'C' grade (60%) or higher: Pre-calculus 11, Principles of Mathematics 11, Foundations of Math 11, MATH 040, MATH 042, or equivalent.

Lecture Hours: 45