Wiley Pathways Business Math, First Edition
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English

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.

English

Steve Slavin, Ph. D., is professor emeritus of economics at Union County College in Cranford, New Jersey. He is the author of several textbooks and self-teaching guides, including Quick Business Math, Math for Your First- and Second- Grader, All the Math You'll Ever Need, , and Economics.

English

Part I: Math Principles

1 Whole Numbers, Decimals, and Negative Numbers 1

2 Fractions 15

3 Calculating Percents 30

4 Using Algebraic Equations to Solve Business Problems 47

Part II: Retailing Applications

5 Markup, Markdown, and Inventory Management 66

6 Discounts 85

Part III: General Business Applications

7 Banking and Insurance 101

8 Taxes 131

9 Calculating Interest 149

10 Loans and Consumer Credit 177

11 Depreciation 193

12 Financial Statements 209

13 Business Statistics 244

Glossary 263

Index 275

English

"...the book is particularly effective at showing that several basic aspects of business can be well understood...by using elementary mathematics."  (Journal of the Operational Research Society, 58/2007)
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