Practical Business Math: An Applications Approach

This valuable learning tool applies the principles and practices of basic math to everyday business problems and situations. Using a reality-based, practical approach, it guides future business managers through easy-to-follow explanations, worked examples, and exercises—making sure that one concept is mastered before progressing to the next. Chapter topics include working with whole numbers, fractions, and decimal numbers; banking records; payroll; business measurements; percent; insurance; simple interest; promissory notes; installment loans; consumer credit; compound interest and present value; discounts; markup; inventory and turnover; depreciation; taxes; investments; financial statement analysis; and statistics. For individuals preparing for a successful business career, and personal financial success.

An Applications Approach, EIGHTH EDITION covers arithmetic-based business math text with practical information and examples. This new edition includes expanded coverage of insurance and unemployment taxes as well as information on the Euro as a measure of exchange and of economic activity.

Features of this user-friendly text include:

• Explanation — Example — Exercise format presents the material, applies the concept, and then provides practice
• Hints and Cautions for new learners
• Varying levels of assignments for the practice and application of the concepts presented in the text
• Five appendices: Calculator Selection and Operation, Math Shortcuts, Math of Computers, Employment Math Test, and Reading Market Quotations
• A Companion Website with additional practice problems

In addition, the text contains a case study centered on a fictional business, Sport-A-Merica, which integrates math concepts into a real-world scenario. Each chapter starts with a Sport-A-Merica vignette and contains business problems that are solved as part of the worked examples in each chapter.