MAT107
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Quantitative Analysis & Personal Finance
Course Description
Quantitative Analysis and Personal Finance fulfills the Quantitative Literacy General Education requirement. This course is centered on the use of mathematics to model and solve real-world problems. Math principles will be taught in context in a variety of ways that students will encounter mathematics over their lifetime. Topics include geometry, statistics, probability, modeling with exponential and linear functions, and financial management. Microsoft Excel will be used as a tool throughout the semester. This course is designed to satisfy the quantitative literacy course requirements for an Associate of Science degree.
1. Apply sound mathematical and financial principles and skills to real life scenarios, decisions and situations such as housing and transportation alternatives, risk management, investing, and retirement.
2. Use mathematical models to organize, communicate, and solve problems.
3. Analyze a given set of data and draw conclusions using statistical tools such as mean, median, mode, shape of distribution and measures of variation.
4. Calculate probabilities of dependent and independent events in a variety of contexts and situations and use permutations and combinations to calculate possible numbers of outcomes.
5. Find measurements and apply geometric principles to solve real-life problems involving 2-and 3-dimensional objects, slope, and scaling, applying appropriate unit conversions when needed.
6. Apply the principles of compound interest to investments and loans. Demonstrate an understanding of the related terms and conditions, calculate payment strategies, and show how a variety of changes affect the amount paid over the life of the loan.
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MAT107
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MAT107
is a
completion requirement
for: