MTH 146 - Mathematics of Personal Finance

Unit 1: Review of Fundamental Mathematics

Unit 2: Computing Interest

Unit 3: Annuities

Unit 4: Mathematics Merchandising

Unit 1: Review of Fundamental Mathematics

- Order of Operations - Introduction to Order of Operations

(Remember Parenthesis means Brackets) - Order of Operations - Example 1
- Order of Operations - Example 2
- Order of Operations - Example 3
- Proper and Improper Fractions
- Equivalent Fractions
- Converting Mixed Numbers into Improper Fractions
- Converting an Improper Fraction into a Mixed Numbers
- Fractions in Lowest Terms
- Adding Fractions with Same Denominators
- Finding a Common Denominator
- Prime Factorization
- Adding Fractions with Different Denominators
- Adding Mixed Numbers with Different Denominators
- Subtracting Fractions
- Subtracting Mixed Numbers
- Multiplying Fractions
- Multiplying Mixed Numbers
- Dividing Fractions
- Dividing Mixed Numbers
- Adding Polynomials
- Subtracting Polynomials
- Multiplying Monomials by Monomials
- Multiplying Monomials by Polynomials
- Law of Exponents: Multiplication (LEM)
- Law of Exponents: Division (LED)
- Law of Exponents: Powers (LEP)
- Simplifying Rational Expressions Using Exponent Laws - Example
- Law of Exponents: Extension of LEP 1
- Law of Exponents: Extension of LEP 2
- Law of Exponents: Negative Exponents
- Simplifying Expressions with Exponents Example 1
- Simplifying Expressions with Exponents Example 2
- Simplifying Expressions with Exponents Example 3
- Solving a Linear Equation Example 1
- Solving a Linear Equation Example 2
- Solving a Linear Equation Example 3
- Solving a Linear Equation Example 4
- Solving a Linear Equation Example 5
- Introduction to Percent
- Representing a Number as a Decimal, Fraction and Percentage 1
- Representing a Number as a Decimal, Fraction and Percentage 2
- Percentage Problem Example 1
- Percentage Problem Example 2
- Percentage Problem Example 3
- Introduction to Ratios
- Understanding Proportions
- Ratios as Fractions
- Simplifying Rates and Ratios
- Finding an Unknown in a Proportion
- Finding Unit Rates
- Finding Unit Prices

Unit 2: Computing Interest

- Introduction to Simple and Compound Interest
- Formulas for Simple and Compound Interest
- Compound Interest
- The Rule of 72 with Compound Interest
- Nominal and Effective Interest Rates
- Introduction to Present Value
- Present Value Example 1
- Present Value Example 2
- Present Value Example 3

Unit 3: Annuities

- N/A

Unit 4: Mathematics Merchandising

- N/A

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