- Course type: Self-paced
- Available Lessons: 78
- Average Lesson Length: 8 min
Eligible for Credit: Yes
Earn transferable credit by taking this course for credit.
Watch a preview:chapter 1 / lesson 1What is a Percent? - Definition & Examples
Course SummaryBusiness 110: Business Math has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. This self-paced course can be studied wherever and whenever it's convenient. The course is a great option for students who want to save time and money in school.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
The course objective is to introduce and teach you business math concepts, including linear equations, inequalities, and financial analysis.
Your grade for this course will be calculated out of 300 points. The minimum score required to pass and earn real college credit for this course is 210 points, or an overall course grade of 70%. The table below shows the assignments you must complete and how they'll be incorporated into the overall grade.
|Proctored Final Exam||200|
Quizzes are meant to test your comprehension of each lesson as you progress through the course. Here's a breakdown of how you will be graded on quizzes and how they'll factor into your final score:
- You will have 3 attempts to take each quiz for a score.
- The highest score of your first 3 attempts will be recorded as your score for each quiz.
- When you've completed the course, the highest scores from your first 3 attempts at each quiz will be averaged together and weighed against the total possible points for quizzes. For instance, if your average quiz score is 85%, you'll receive 85 out of 100 possible points for quizzes.
- After your initial 3 attempts, you can take a quiz for practice as many times as you'd like.
- You will need to pass each quiz with a score of at least 80% to earn course progress for the lesson. However, it is not necessary to earn 80% within the first three quiz attempts.
Proctored Final Exam
The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course.
- You'll earn points equivalent to the percentage grade you receive on your proctored final. (So if you earn 90% on the final, that's 180 points toward your final grade.)
- If you're unsatisfied with your score on the exam, you'll be eligible to retake the exam after a 3-day waiting period.
- You can only retake the exam twice, so be sure to use your study guide and fully prepare yourself before you take the exam again.
Items Allowed on Study.com Proctored Exam for Business 110:
- A non-graphing, scientific calculator
- Blank scratch paper
- Pen or pencil
Items NOT Allowed on Study.com Proctored Exam for Business 110:
- Graphing calculators
- Office programs, web browsers, or any programs other than Software Secure (including Study.com lessons)
- Textbooks (digital or physical)
- Mobile phones, headphones, speakers, TVs, radios
- Notebooks or notes
Upon completion of this course, you will be able to:
- Compare and convert percentages, fractions, mixed numbers, and decimals
- Graph and solve 1- and 2-variable linear equations and quadratic functions using a variety of methods
- Compute slopes, midpoints, and distances using formulas
- Calculate probabilities for simple and compound events
- Identify and calculate statistical values such as mean, median, mode, range, and standard deviation
- Compute depreciation and report it on balance sheets
- Compare common terms pertaining to credit, interest, and purchases
- Solve interest, markups, markdowns, annual rates, and other financial equations
- Distinguish and calculate types of costs, ratios, stocks, and bonds
- Demonstrate understanding of gross pay, net pay, taxes, and exchange rates
There are no prerequisites for this course, but many students choose to complete Business 100: Introduction to Business prior to Business Math.
Business 110 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. The course is completely self-paced. Watch lessons on your schedule whenever and wherever you want.
At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test and use the study tools in the course to prepare for the proctored final exam. You may take the proctored final exam whenever you are ready.
How Credit Recommendations Work
This course has been evaluated and recommended by both ACE and NCCRS for 3 semester hours in the lower division baccalaureate degree category. To apply for transfer credit, follow these steps:
- If you already have a school in mind, check with the registrar to see if the school will grant credit for courses recommended by either ACE or NCCRS.
- Complete Business 110 by watching video lessons and taking short quizzes.
- Take the Business 110 final exam directly on the Study.com site.
- Request a transcript to be sent to the accredited school of your choice!
- Check out this page for more information on Study.com's credit-recommended courses.
|Number Sense||Solve problems using percentages, fractions, mixed numbers and decimal numbers. Compare and order fractions and decimal numbers. Change between decimals and percentages and decimals and fractions. Convert common units of measure. Use the order of operations. Understand and interpret bar graphs, pie charts, and other graphical representations.|
|Linear Equations and Inequalities||Write and graph linear equations. Solve simultaneous linear equations. Extrapolate values using a line graph. Interpolate data. Describe graphing, standard form, intercepts, and inequalities.|
|Graphing and Evaluating Equations and Functions||Determine the equation of a line using point-slope formula. Graph undefined slope, zero slope and 1- and 2-variable inequalities. Use the distance and midpoint formulas. Graph basic functions and functions of functions. Determine the domain and range of a function.|
|Quadratic Equations and Functions||Solve quadratics that are not in standard form. Solve quadratic equations by factoring and using the quadratic formula. Use the reverse of FOIL. Complete the square.|
|Probability and Statistics for Business Math||Calculate mean, median, mode and range. Understand standard deviation and shifts in the mean. Understand probability of simple, compound and complementary events as well as independent and dependent events. Calculate statistical significance. Calculate expected value given a probability. Understand shifts in the mean and normal distributions. Calculate and identify averages. Understand percentiles.|
|Depreciation/Salvage Values||Compute and record methods of depreciation. Understand depreciation for partial years and changes in estimates. Report depreciation on a balance sheet. Understand accelerated depreciation.|
|Interest & Purchases||Interpret index numbers. Understand common credit terms and installment purchases. Calculate deferred payment price vs. cash price. Determine formulas for markdown and markup prices. Calculate effective annual rates of interest. Figure out percentage increases and decreases. Understand promissory note terms.|
|Math for Financial Analysis||Calculate present and future values. Find annuity values and the present value of an annuity. Determine factors that affect break-even and mark-up pricing. Understand common financial ratios. Comprehend the investment performance of stocks, preferred stocks, and bonds.|
|Business Math Applications||Review calculations for determining payroll costs. Calculate property tax. Convert amounts using exchange rate information.|
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What to Expect For the Exam
This Study.com course has been evaluated and recommended for college credit. Once you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the exam.
Before taking the exam, all of the following requirements must be met:
|A College Accelerator Study.com membership.|
|Completed the entire Business 110: Business Math course and achieved 100% Course Progress.|
|Not attempted to take this exam within the last three days.|
|Have available proctored exams in this month of membership.|
|Complete the exam readiness quiz.|
Please complete all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.
Exam Process Details
1. Register For Exam
Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!
2. Download Software Secure
You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.
3. Take Exam
The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!
4. Get Exam Results
We will send you an email with your official exam results within 1 to 2 weeks.
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