OTEC 120 Business Math and Calculators

School of Business

OTEC 120 Business Math and Calculators teaches the touch method of calculator use, explains common calculator features, and emphasizes business and personal problem solving. Multiplication, division, the memory function, decimals, fractions, percentages and discounts are all introduced as well as the metric system and conversions. Students use practice drills throughout the course to enhance speed and accuracy.

Corequisite: None

Accessibility Services Notice

Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.

Transfer Agreements

Course to Course transfer – NoBlock Transfer – Nobctransferguide.ca
Course Details
Total number of weeks6
Total Credits
Total Hours30
Typical hours per week breakdown
Other30

Learning Outcomes

Upon successful completion of this course, the learner will be able to:

  1. Perform addition, subtraction, multiplication, and division on a desktop calculator
  2. Use the calculator to maximum advantage through the use of memory registers, constant factors, add mode, decimal selection, and rounding
  3. Demonstrate the ability to change fractions, decimals, and percentages to equivalents
  4. Find percentage, rate, and base
  5. Apply computational skills to business-related tasks including extending and auditing invoices, installment buying, interest calculating, commission and wage calculating, prorating, discounting, mark ups and mark downs
  6. Achieve business standards for efficiency and quality of work
  7. Use appropriate mathematical processes to solve problems accurately and efficiently

Teaching and Learning Approach

Students will practice hands-on exercises to learn efficient ten-key touch method techniques and skills needed to make quick and accurate calculations. Students develop workplace competence by solving common business and personal math problems and improve their basic math skills through a series of problems, self-assessments, and practical tests. Strong calculator skills support the student’s overall objective by enhancing productivity and timely completion of assigned tasks in the workplace. Following instructions and using software functions proficiently, students develop a range of valuable skills essential for the office environment.

Learning Resources

Required: Polisky, M.K. (2003). Solving Business Problems Using a Calculator (6th ed.). New York, NY: Glencoe McGrawHill. Personal computer, webcam, microphone, speakers, internet access, current Windows operating system, current web browser, and DeskCalc Adding Machine (software).

Detailed Course Content, Topics, and Sequence Covered

1. Unit 1: 10-Key Touch Method Lesson 1: Touch Addition of Whole Numbers Lesson 2: Touch Addition & Subtraction of Whole Numbers Lesson 3: Crossfooting Lesson 4: Touch Addition & Subtraction of Dollars & Cents Lesson 5: Rounding & Estimating Lesson 6: Multiplication & Division 2. Unit 2: Multiplication & Division Lesson 7: Constant Multiplication and Division Lesson 8: Mixed Operations Lesson 9: Memory Function Lesson 10: Negative Multiplication 3. Unit 3: Percents & Discounts Lesson 11: Fractions & Decimals Lesson 12: Percentages, Rate, and Base Lesson 13: Single Discounts Lesson 14: Series Discounts Lesson 15: Extending Invoices & Quantity Pricing Midterm Exam 4. Unit 4: Retail Calculations and Payroll Lesson 16: Markup Lesson 17: Markdown Lesson 18: Payroll 5. Unit 5: Interest & the Metric System Lesson 19: Interest & Mortgage Interest Lesson 20: True Annual Interest Rate Lesson 21: Installment Buying Lesson 22: Prorating Lesson 30: Measurement 6. Final Comprehensive Exam

Assessment

TitleLearning OutcomesValue
Online Unit Tests1-760%
Online Midterm Exam1-720%
Invigilated Final Exam1-720%
Total100%

Grading Table

Percentage Letter Grade GPA
90-100 A+ 4.33
85-89 A 4.00
80-84 A- 3.67
76-79 B+ 3.33
72-75 B 3.00
68-71 B- 2.67
64-67 C+ 2.33
60-63 C 2.00
55-59 C- 1.67
50-54 P 1.00
0-49 F 0.00
  DNW 0.00

See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.

Disclaimer

Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.