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Institution:
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Concordia University-Texas
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Subject:
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Description:
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Applied Finite Mathematics is a course designed to help students develop the ability to apply arithmetic and algebra to business. Time is spent discovering and learning how to apply arithmetic and algebraic techniques to solve supply and demand, break-even, maxima-minima, etc. problems. Also the Gauss Jordan elimination method and the inverse matrix method for solving systems of linear equations are learned. A geometric method for solving linear programming problems is discovered. Also several topics of mathematics of finance, including compound interest and annuities, are discussed. Students are introduced to some of the basic concepts of probability, including the multiplication principle, permutations, combinations, sample spaces, events, empirical and theoretical probabilities, and expected value.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(512) 313-3000
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Regional Accreditation:
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Southern Association of Colleges and Schools
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Calendar System:
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Semester
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