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Questions and Answers
What is the office location of the course instructor, Robert Owusu Boakye?
Research & Consultancy Block, Second Long Room
What are the types of equations explained in the course? Select all that apply.
The course covers how to Calculate Simple and Compound Interest on __________ and Other Investments.
Loans
Rational expressions involve Addition, Subtraction, Multiplication and Division of Rational Fractions.
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Match the following course topics with their descriptions:
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Study Notes
Course Details
- Course code: BCPC 105
- Credit hours: 3
- Level: 100
- Programmes: Bachelor of Science in Accounting, Bachelor of Science in Accounting and Finance, Bachelor of Science in Business Economics
Instructor Details
- Instructor: Robert Owusu Boakye
- Office location: Research & Consultancy Block, Second Long Room
- Telephone: 0244986200
- Email: [email protected]
- Contact hours: Lecturers include Robert Owusu Boakye, Silas Amponsah Gyimah, Adjoa Halm-Quagraine, Ishan Mohammed
Course Description
- Introduces students to mathematical concepts with practical applications in industry and business
- Covers fundamental arithmetic concepts, algebra, and financial mathematics
- Enhances analytical skills in evaluating business options and personal finance matters
Course Objectives
- Explain types of equations, especially from an algebraic perspective
- Provide mathematical skills related to business applications
- Discuss calculations related to the mathematics of financial investments
- Explain concepts relating to time value of money
Course Outcomes
- Derive and solve mathematical equations from word problems
- Use methods to calculate the rate of depreciation of assets and time value of money
- Appraise investment projects using simple and compound interest approaches
- Apply mathematical skills to solve and interpret word problems relating to business
Course Content
- Polynomials
- Linear Equations and Inequalities
- Quadratic Equations and Inequalities
- Rational Expressions and Partial Fractions
- Percentages, Ratios, and Proportions
- Indices, Logarithms, and Surds
- Systems of Linear Equations in Two and Three Variables
- Demand-Supply and Break-Even Analysis
- Simple and Compound Interest
- Depreciation
- Annuities and Amortization
Weekly Course Content
- Week 1: Polynomials
- Week 2: Linear Equations and Inequalities
- Week 3: Quadratic Equations and Inequalities
- Week 4: Polynomials (continued)
- Week 5: Rational Expressions
- Week 6: Percentages, Ratios, and Proportions
- Week 7: Indices, Logarithms, and Surds
- Week 8: Systems of Linear Equations in Two and Three Variables
- Week 9: Systems of Linear Equations in Two and Three Variables (continued)
- Week 10: Demand-Supply and Break-Even Analysis
- Week 11: Simple and Compound Interest
- Week 12: Depreciation
- Week 13: Annuities and Amortization
Reading Materials
- Deitz, J.E. & Southam, J.L. (2015). Contemporary Business Mathematics for Colleges (17th ed.). Cengage Learning
- Clendenen, G. & Salzman, S.A. (2014). Business Mathematics (13th ed.). Pearson
- Blyth, S. (2013). An Introduction to Quantitative Finance (1st ed.). Oxford University Press
- Provost, F. & Fawcett, T. (2013). Data Science for Business: What You Need to Know About Data Mining and Data-Analytic Thinking (1st ed.). O’Reilly Media
- Sterling, M.J. (2008). Business Mathematics for Dummies (1st ed.). For Dummies
- Leaves, C., Hobbs, M., & Noble, J. (2013). Business Mathematics (10th ed.). Pearson
- ICAG (2017). Quantitative Tools in Business. Study Text. BPP Learning Media
- Lial, L.M., Miller, D.M., & Greenwell, R.N. (1993). Finite Mathematics and Calculus with Applications (4th ed.). HarperCollins College Publishers
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Description
This course introduces students to the fundamental concepts of business mathematics, covering topics such as algebra, statistics, and finance. It aims to provide students with a solid understanding of mathematical principles and their application in business. The course is designed for Bachelor of Science students in Accounting, Accounting and Finance, and Business Economics.