Course title

Applied Mathematics for Finance

Pre-requisite

Advanced Algebra (2nd year algebra) or concurrent Advanced Algebra

Course description

Applied Mathematics for Finance is a continuation of the study of mathematics with real-life financial applications. Financial topics include income; taxes; checking/savings/credit accounts; budgeting and comparison shopping; values related to transportation (vehicles); home ownership and rental; insurance; investments; and business financial functions.

Counts as a 4th math credit for state of Arizona high school graduation.

Required text: Mathematics for Business and Personal Finance; Glencoe

Required technology: graphing or scientific calculator and computer office applications

Mathematics concepts throughout course: 

rational number operations and interpretation

solving linear equations

simulation activities

Income/taxes -         time unit conversions

                                    piecewise functions

                                    solving systems of equations

                                    select and evaluate from relevant data displays

Checking/savings/credit accounts –

create and display numerical patterns/modeling

exponential growth and decay functions

Budgeting/comparison shopping –

select and evaluate from relevant data displays

logic and reasoning from numerical patterns and algebraic expressions

Transportation/home including insurance –

select and evaluate from relevant data displays

exponential growth and decay functions

Insurance/Annuities/Investments –

probability (mortality rates)

statistics

select and evaluate from relevant data displays

exponential growth functions

logic and reasoning from numerical and algebraic expressions

Business Financial Functions –

evaluate and display mathematical patterns and relevant data

logic and reasoning/predictions from numerical patterns

School Country

United States

School state

Arizona

High school

Phoenix Christian Preparatory School

School Address

1751 W Indian School Road

School zip code

85015

Requested competency code

Math

Date submitted

Approved

Yes

Approved competency code

  • MTHA
  • 4 years of Math

Approved date

Online / Virtual

No