Course Outline
Mathematics of Finance (5650)

Text:
Mathematics of Money with Algebra  (Clayton)

 Personal Earning Power:  Chapter 1

• 1.1 Salaries:  Making Money Takes Time
• 1.2 Do More, Make More:  Commissions and Payments by Item
• 1.3 Deductions:  Who Gets What?

Check Out The Account:  Chapter 2

• 2.1 Choosing a Bank:  Is There a Difference?

• 2.2 Using Checks:  Write it Down

• 2.3 Reconciliation:  Do the Bank and I Agree?

A Dollar Saved:  Chapter 3

• 3.1 Savings:  Save Now – Buy Later
• 3.2 Compound Interest:  Money That Grows
• 3.3 The Federal Reserve:  The Bank’s Bank

A Venture Into Business:  Chapter 4

• 4.1 Employees Are Part of the Company
• 4.2 Fluctuating Factors of Production
• 4.3 Cost, Revenue, and Profit Functions
• 4.4 Break-Even Point
• 4.5 Linear Programming

Consumer Credit:  Chapter 5

• 5.1 Monthly Payments:  How Much Money Can You Afford to Borrow?
• 5.2 Problems with Credit:  Credit Overload
• 5.3 Credit Management:  Keeping Credit Costs Down
• 5.4 Amortization Schedules:  Shrinking Interest Payments
• 5.5 The Lure of Credit Terms:  The Merchant Profits

Budgeting:  Chapter 14

• 14.1 Budgeting Housing Expenses
• 14.2 Food Budgets and Unit Prices
• 14.3 Living Within Your Budget

Credit Cards:  Chapter 6

• 6.1 Credit Cards:  Plastic Money
• 6.2 Credit Card Balances:  How Long Do They Last?
• 6.3 Interest Charges:  The Charges for Charging
• 6.4 Credit Cards:  How to Protect Them
• 6.5 Average Daily Balance:  When Should You Pay Your Bills?
• 6.6 Credit Ratings:  How to Determine Your Score
• 6.7 Regaining Financial Stability:  Solutions to Debt Problems

Home Ownership:  The American Dream  Chapter 12

• 12.1 Selecting a House
• 12.2 Buying a House
• 12.3 The Mortgage
• 12.4 Home Ownership

Federal Income Tax:  Paying The Price:  Chapter 9

• 9.1 Finding Your Income Tax
• 9.2 Forms and More Forms
• 9.3Form 1040 and Schedule A

Owning a Car:  Chapter 10

• 10.1 New Cars:  Selecting and Financing
• 10.2 Equity and Depreciation for New and Used Cars
• 10.3 Owning and Operating Costs
• 10.4 Insurance Costs

Travel Plans:  Chapter 11

• 11.1 Making Travel Plans
• 11.2 Travel Costs:  Different Perspectives
• 11.3 Flying Saves Time and Sometimes Money

Investments in Stocks and Bonds:  Chapter 8

• 8.1 Stocking Up
• 8.2 Commissions and Stocks, Bonds, and Mutual Funds
• 8.3 Investment Pros and Cons