Business Math (8th Edition)

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9780131591219: Business Math (8th Edition)

This book reflects more than 28 years of author involvement with business math education and the business community. The linking of mathematics with real business practices in real businesses gives readers a better appreciation for and understanding of the concepts that are vital in the business world. Updated in a new 8th edition, this book is filled with updated chapter-opening scenarios, chapter-ending case studies, cases, boxed features, and exercise sets. It is organized in workbook format and opens with chapters on basic math. Coverage includes banking, business statistics, trade and cash discounts, markups and markdowns, payroll, consumer credit, mortgages, insurance, taxes, and stocks and bonds.

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From the Publisher:

The new edition of this best-selling text continues a tradition of demonstrating fundamental mathematical concepts through extensive use of examples taken from real-world applications in such areas as banking, the hotel/motel industry, retail, and real estate. Coverage encompasses all areas of business mathematics, beginning with whole number and decimals, and bringing students along, step-by-step, through fractions, percents, statistics, and equations, to specifics of business-related mathematics applications such as payroll, discounts, markup/markdown, interest, credit, depreciation, inventory, insurance, taxes, and more. Procedures, rules and formulas are broken down into understandable components. A straightforward writing style and numerous motivational special features encourage student involvement with the text, and help make even complex concepts interesting and accessible. This is a major revision.

From the Back Cover:

Strengthening and expanding its coverage, this front-running book offers the most comprehensive and effective demonstration of mathematical concepts available through extensive use of examples taken from real-world applications in such areas as banking, the hotel/motel industry, retail, and real estate. It heightens the learning experience by correlating concepts with true-to-life experiences readers may encounter in the business world and as consumers. Sets formulas in bold type within the formula boxes to help readers locate them quickly and Calculator Solutions boxes help readers set up and solve problems using a calculator. It encompasses all areas of business mathematics - beginning with skill-building sections on whole number and decimals; guiding readers through fractions, percents, statistics, and equations; then easing them into the specifics of business-related mathematics applications with discussions on payroll, discounts, markup/markdown, interest, credit, depreciation, inventory, insurance, taxes, and more. It also reflects current laws and IRS requirements. In addition, the book increases emphasis on the interest earned or paid for annuities and sinking funds, rather than just the accumulated amounts involved. This book can be utilized by business professionals within assorted industries. Can be used by individuals for personal finance knowledge.

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