MATH 114 --- Business Mathematics
This course is intended for students in the Business Administration diploma and degree programs. Topics include but are not limited to the use of a business calculator; ratios and proportions; percentages; merchandising applications; review of linear functions and applications to break-even analysis; simple and compound interest; present values, future values and payment streams; effective rates of interest; simple and general annuities and applications to RRSPs, RRIFs, and pension plans; and amortization schedules and mortgages