Dec 06, 2024  
Fall 2014 Course Catalog 
    
Fall 2014 Course Catalog [ARCHIVED CATALOG]

ACC 117 - Introduction to Financial Calculations

3 credits

This course helps students to build conceptual and quantitative skills related to transactions encountered in the worlds of finance, banking and commerce. Students will learn to prepare fundamental banking transactions including the use of promissory notes and mortgages to finance business and real estate transactions. Merchandising calculations, payroll preparation and sales and excise tax are studied extensively. The basics of insurance and stocks, bonds and mutual fund calculations are also considered in this course.

Class Hours: 4
Prerequisites:

Math placement test score of 55, or completion of course  MATH 93 Beginning Algebra ; AND Reading placement test score of 80, or completion of course READ 93 Foundations of College Reading .