Financial Mathematics Basics
Learning Outcomes
- Apply concepts of percentages to calculate percent change, discounted prices, and sales tax
- Distinguish between markup percentages and profit margins
- Calculate interest including simple interest and compound interest
- Compute the annual percentage yield (APY) and annual percentage rate (APR) in different situations
- Compute the present value and future value of an investment
- Calculate interest for installment buying and open-end credit
- Compute annual depreciation using different methods of depreciation
- Determine the distribution of overhead
- Understand how net wages are calculated for employees
- Evaluate stock investments using different financial ratios
Key Features
- Mobile-friendly
- Audio-enabled
- Badge and credit-awarding
- Real-world case studies
- Games & Flashcards
- Expert-supported
- Video content
Refund Policy
You may request a refund up to 7 days from the purchase date. The registration fee will only be refunded if less than 10% of the course has been completed. Completion percentage can be viewed on the Course Progress page from within the course.
Notes
Estimated time to complete: 6 hours
This course includes an “Ask the Expert” feature. You can use this feature to submit questions about course content. A subject matter expert will provide guidance or point you to additional resources for the topics you’re studying. Questions are answered as quickly as possible and usually within 24 hours.
Learners must achieve an average test score of at least 70% to meet the minimum successful completion requirement and qualify to receive IACET CEUs.