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Math 204 FINITE MATHEMATICS FOR BUSINESS
Fall, 2014
SECTION
012
TIME
1:50 PM – 2:50 PM
DAYS
MTuWF
ROOM
Swart 240
INSTRUCTOR:
Dr. Hong Zhang
OFFICE: Swart 206
PHONE: 424-7353
E-MAIL: [email protected]
OFFICE HOURS: 8:00-10:00 AM (MWF) , or by appointment.
TEXT: Finite Mathematics for Business, Fall 2014-Summer 2015 version (Orange Cover), by Zoubir Benzaid,
K.L.D. Gunawardena, Kandasamy Muthuvel and Steven Winters.
PREREQUISITE: Mathematics 103 or 108 with a grade of C or better.
ABOUT THE COURSE: We will cover Chapters 1-6
CALCULATOR: TI-83 / TI-83 Plus / TI-84 / TI-84 Plus Graphing Calculator is required
EXAMS: There will be three exams:
Exam 1
EXAM
TOPICS
Chapters 1,2
DATE
Oct. 8, 2014
Exam 2
Chapters 3,4
November 5, 2014
Location
Testing Center
(In the basement of
Polk Library)
Testing Center
Exam 3
Chapters 5,6
December 9, 2014
Testing Center
In the event that classes are officially canceled on the day of a quiz, you should assume that the quiz will be
given the next day that the class meets.
MAKE-UP EXAMS/QUIZZES will be given only when student has a valid university excuse. Please contact
me as soon as you can if such circumstances occur. If a make-up exam/quiz is allowed, it may contain a
different number of questions and/or different types of questions.
GROUP PROJECTS: There will be group projects throughout the semester. There will be NO make-ups on group
projects.
HOMEWORK: Problems from the text will be assigned each day. While the solutions to assigned problems will not
be collected, you should do the problems in order to learn the proper application of the techniques and concepts
covered in the text.
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GRADING POINTS:
Exams 1-3 [100 points each], total for exams: 300 points
Quizzes
[10 points each], total for quizzes: 90 points (9 out of 10 quizzes count)
Group Projects: 10 points
Total=400 points
GRADING SCALE:
PERCENTAGE
90%-100%
87%-89.999%
84%-86.999%
81%-83.999%
GRADE
A
AB+
B
PERCENTAGE
78%-80.999%
75%-77.999%
70%-74.999%
66%-69.999%
GRADE
BC+
C
D+
PERCENTAGE
63%-65.999%
60%-62.999%
0%-59.999%
GRADE
D
DF
ATTENDANCE: You will be expected to attend to classes regularly. If you miss a class, you are responsible for all
material covered, assignments and all announcements made that day.
LAST DAY TO Withdraw WO LADRF: 10/17/2014
Thanksgiving Recess: Wednesday, November 26 – Sunday, November 30, 2014.
ACADEMIC INTEGRITY: You are expected to be “responsible for the honest completion and representation
of your own work.”
CELL PHONES:
All cellular phones, pagers, iPod and other electronic equipment should be turned off and put away during class
period.
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GENERAL GOALS AND OBJECIVE FOR THE COURSE:
 Identify the basic graphs and properties of polynomial, rational, exponential, and logarithmic functions. Apply
the knowledge of functions to business applications such as simple, compound or continuous compound
interest, ordinary annuities, finding the maximum or minimum for quantities which are quadratic functions,
and finding break even points.

Use geometric method to solve linear programming problems. Interpret information as an objective function
with constraints, set up the linear programming problem, solve the problem and interpret the result in the
context of the problem.

Use basic counting techniques and calculate probabilities, including conditional probabilities. Apply the
mathematical knowledge of probability to business problems and interpret the results.

Represent data with graphical and numerical summaries. Calculate probabilities for binomial and normal
distributions. Apply the statistical skills to problems in various business settings and interpret the results.
COURSE DESCRIPTION: The first course in mathematics for business students is divided into five parts: Basic
Algebra Review, Functions, Mathematics of Finance, Systems of Linear Equations, Linear Programming, Probability
and Statistics. The course will cover all the material of the text. The course will cover the following topics.

Algebra Review: Algebra and Real Numbers, Operations on Polynomials, Rational Expressions, Integer
Exponents and Scientific Notation, Rational Exponents and Radicals, Factoring Polynomials, Quadratic
Equations.

Functions: Linear, quadratic, rational, exponential and logarithmic function. Transformation of functions and
graphing.

Mathematics of Finance: Simple and compound interest, future value and present value of annuities, sinking
funds, and amortization.

Linear Programming: Systems of linear inequalities in two variables, geometric approach to solving linear
programming problems in two variables.

Probability and Statistics: Operations on sets, counting techniques including permutations and combination,
basic properties of probability, conditional probability, Bayes formula, random variables, expected values and
variance . Binomial distribution and normal distribution.