The Mathematics of Money MATH for BUSINESS and PERSONAL FINANCE DECISIONS
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An ALL NEW Approach to Business Math The Mathematics of Money: Math for Business and Personal Finance Decisions by Timothy J. Biehler Finger Lakes Community College.
Timothy Biehler is an Assistant Professor at Finger Lakes Community College, where he has been teaching since 1999 and where he received the State University of New York Chancellor’s Award for Excellence in Teaching. Before moving into academics, Tim worked for seven years as an actuary in the life and health insur-ance industry. He served as Director of Strategic Planning for Health Services Medical Corp. of Central New York, Syracuse, where he earlier served as Rating and Underwriting Manager. Tim’s B.A. in math and philosophy and his M.A. in math are from the State University of New York at Buffalo, where he was Phi Beta Kappa and a Woodburn Graduate Fellow.
“Algebra” Is a Seven-Letter Word Although Business Math requires certain core mathematical and basic alge-braic skills, many Business Math textbooks avoid teaching algebra at all. The Mathematics of Money teaches the algebra needed for business situations in context and with easy-to-understand, realistic business and finance applications. While the text takes an algebraic approach to the material, it does not require existing knowl-edge of algebra.
A Strong Foundation, with Flexibility to Branch Out This text is divided into two parts: Core and Applications. The core chapters present key Business Math topics while developing basic algebra skills. From this core, the application chapters branch out with the goal of applying and extending those skills to other business and finance topics. The chapters can be taught in any number of sequences, based on instructor prefer-ence and course approach.
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