Mathematics 1311

Business Math 1

Course Objectives

1.  Gain factual knowledge. Learn the vocabulary and basic definitions related to linear and quadratic equations, inequalities, number systems, polynomials, exponents, logarithms, matrices, linear programming and mathematics of finance.

2.  Learn fundamental principles. Become familiar with the properties of exponents and logarithms; understand the relationship between equations and inequalities and their graphs; know the formulas associated with matrices and the mathematics of finance.

3.  Learn to apply the course material. Use the facts, formulas and techniques learned in this course to model and solve linear programming problems by graphical or algebraic methods, and annuity and interest problems; be able to analyze graphs and comment on their relevance and meaning; be able to convert logarithmic equations to exponential equations and vice-versa; be able to use lines and their properties to solve business application problems.

4.  Develop specific skills. Acquire a level of proficiency in the following areas: use of formulas for solving finance problems; use of technology (computers and/or calculators) to solve finance and linear programming problems; the operations associated with matrices such as addition, subtraction, multiplication, finding inverses; graphing various function types; use of the quadratic formula.

Course Content

Textbook: Mathematical Applications, 6th edition, by Harshbarger and Reynolds. The following chapters including the particular sections listed are covered.

0.  Algebraic Concepts. Sets, real numbers; exponents and radicals; operations with algebraic expressions; factoring; rational expressions.

1.  Linear Equations and Functions. Solutions of linear equations; linear functions; graphs; systems of linear equations; applications to business and economics.

2.  Special Functions. Quadratic equations; parabolas and quadratic functions; applications to business.

3.  Matrices. Operations on matrices; the inverse of a matrix; Gauss-Jordan elimination.

4.  Inequalities and Linear Programming. graphing linear inequalities; linear programming: graphical method; the Simplex method; linear programming applications.

5.  Exponential and Logarithmic Functions. Properties of logarithms; relationship between logarithmic and exponential equations; applications of logarithms to business mathematics.

6.  Mathematics of Finance. simple interest; compound interest; continuously compounded interest; ordinary annuities, loans and amortization.

Math 1311.510 – Business Math I

Juan P. Montemayor email:

Office: MCS 219 F webpage: www.angelo.edu/faculty/jmontema/

Phone #: 942 – 2317 ext. 232 www.angelo.edu/faculty/jmontema/math1311-summerII2005.html

Code of Conduct:

Angelo State University expects its students to maintain complete honesty and integrity in their academic pursuits. Students are responsible for understanding the Academic Honor Code, which is available on the web at http://www.angelo.edu/forms/pdf/honorcode5.pdf.

Other Classes:

Math 1311.510 M-F 8:00 – 9:30 MCS 210 Math 1312.510 M-F 9:45-11:15 MCS210

Office Hours:

Monday, Wednesday, Friday: 7:45-8:00, 11:15 – 1:00

Tuesday, Thursday: 11:15 – 12:15, 2:00 – 3:00

Math Lab:

MCS 215 M-F: 2:00 – 4:00, MCS 211 M – Th 6:00 – 8:00 PM

Important Dates: see the top of next page

Grading:

A: 90 and above B: 80 – 89 C: 70 – 79 D: 60 – 69 F: below 60

Exams: 4 Exams

Drop lowest of these four (final exam can not be dropped)

Final Exam: Comprehensive – everybody must take exam – no exceptions

HW: will be assigned on a daily basis, will be taken up on Mondays - see a more detailed

description of requirements

Quizzes: short quizzes – part of HW – should be turned in with HW

long quizzes – these make up your Quiz average and are turned in during class

Grading Distribution

Exams: 66 % of grade Final Exam: 22 % of grade HW: 6 % of grade QZ: 6%

July
Monday / Tuesday / Wednesday / Thursday / Friday
July 4 / 5 / 6 / 7 / 8 First Day of Class
11 / 13 Long Quiz / 14 / 15
18 Exam I / 20 / 21 Long Quiz / 22
25 Exam II / 27 / 28 Long Quiz / 29
August
Monday / Tuesday / Wednesday / Thursday / Friday
1 Exam III / 2: / 3 / 4 Long Quiz / 5
8 Exam IV / 9 / 10 Long Quiz / 11 / 12: Final Exam

HW:

You will turn in HW assignments on Monday morning of each week (Exam Day)– must be turned in

at beginning of class – short quizzes are part of your HW assignment and are meant to be turned

in with HW. You will have four HW grades – all count towards your HW average.

Grade of 95: if turned in on time and most of the HW has been attempted – it will be up to the

instructor to subjectively identify “most”.

Grade of 80: if turned in same day but not beginning of class ( by 5:00 PM ) and most of HW

done

Grade of 60: If only some of HW is attempted and/or turned in late

Grade of 0: If HW is not turned in.

Long Quizzes: You will have five of them – I will drop the lowest of the

five and count the remaining four for your Quiz Average.

Final Exam: Math 1311 – Friday August 12 @ 8:00 AM

Math 1312 – Friday August 12 @ 10:15 AM

NOTES:

You are required to have notes from the webpage as indicated in class

beginning with the second day of class.

Bonus

If you miss at most two days from class ( 0, 1, or 2 ) , I will add four points to your final exam.

No Make-ups of any kind. If a situation arises, let me know and I will handle it on an individual

basis.

No Graphing Calculators Allowed on an Exam