Duration
10 Months
Prerequisites
None
Requirements
None
Course Summary
Consumer Mathematics teaches practical financial skills, including budgeting, managing bank accounts, and understanding taxes, payroll, investing, and borrowing. The course also covers making informed decisions about purchases, rentals, and insurance, as well as economics and its impact on individuals and the economy.
Solve basic mathematical operations in real world problems.
Solve problems involving decimals, fractions and percentages.
Solve problems recognizing and using proportional relationaships.
Calculate discounts, tips, and sales tax on consumer purchases and services.
Analyze the parts of an earnings statement or paycheck.
Create a budget.
Examine the benefits of savings and checking accounts. Explore online banking and payment options.
Balance a checkbook.
Differentiate between payroll taxes and federal income tax.
Learn how to invest money. Define the terms associated with borrowing money. Understand simple and compound interest.
Provide examples of the benefits and disadvantages of using a credit card.
Make decisions about buying or renting a home or automobile.
Evaluate mortgage options and compute the cost of owning a home.