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Business Math
Business math is the study of mathematics required by the field of business. By the fact that you are reading this textbook, you must be interested in a business field such as accounting, marketing, human resources, or economics. Regardless of your path, you cannot avoid dealing with money and numbers. Both personally and in your career you certainly use elementary arithmetic such as addition, subtraction, multiplication, and division. However, there is a whole field of mathematics that deals specifically with money. You will work with taxes, gross earnings, product prices, and currency exchange; you will be offered loans, lines of credit, mortgages, leases, savings bonds, and other financial tools. Do you know what these are and how these financial tools can maximize your earnings and minimize your costs? Do you have what it takes to execute smart monetary decisions both personally and for your business? Do you know how interest works and how it gets calculated? If you can answer “yes” to these questions, then you are already off to a great start. If not, by the end of this textbook you will have a better understanding of all of these topics and more
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