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College Mathematics/Financial Mathematics

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College Mathematics
  1. Numbers
  2. Algebra and Functions
  3. Counting and Probability
  4. Data Analysis and Statistics
  5. Financial Mathematics
  6. Geometry
  7. Logic and Sets

Financial Mathematics

Objectives and Skills

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Objectives and skills for the financial mathematics portion of CLEP College Mathematics include:[1]

  • Percents, percent change, markups, discounts, taxes, profit, and loss
  • Interest: simple, compound, continuous interest, effective interest rate, effective annual yield or annual percentage rate (APR)
  • Present value and future value
  • Applications

Readings

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  1. Wikipedia: Percentage
  2. Wikipedia: Interest

Multimedia

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Activities

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  1. Review the following MathsIsFun resources and complete the questions at the bottom of each page:
    • Percents
    1. Percentages
    2. Percentage Difference
    3. Percentage Calculator
    • Interest
    1. Interest (An Introduction)
    2. Compound Interest
    • Present value
    1. Present Value
    2. Net Present Value

Assessments

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See Also

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References

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  1. ↑ CLEP: College Mathematics
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