College Mathematics/Financial Mathematics

Financial Mathematics

Objectives and Skills
Objectives and skills for the financial mathematics portion of CLEP College Mathematics include:
 * Percents, percent change, markups, discounts, taxes, profit, and loss
 * Interest: simple, compound, continuous interest, effective interest rate, effective annual yield or annual percentage rate (APR)
 * Present value and future value
 * Applications

Readings

 * 1)  Percentage
 * 2)  Interest

Activities

 * 1) Review the following MathsIsFun resources and complete the questions at the bottom of each page:
 * 2) * Percents
 * 3) Percentages
 * 4) Percentage Difference
 * 5) Percentage Calculator
 * 6) * Interest
 * 7) Interest (An Introduction)
 * 8) Compound Interest
 * 9) * Present value
 * 10) Present Value
 * 11) Net Present Value