ASAS BAGI MATEMATIK KONTEMPORARI

Contemporary Math Contemporary math is important because it is a great way to enhance skill and become eligible for a better paying job with greater possibilities for advancement.

What does Contemporary Math entail?

A contemporary math class is designed to survey some of the important ideas and practical applications in mathematics topics such as problem solving, finance, number concepts, art and math, and mathematical modeling.

What does Contemporary Math entail? (Cont.)

Development of critical thinking and problem solving strategies, and the use of the various technologies, such as calculators and computers. Acquiring knowledge and understanding across a wide range of mathematical disciplines in statistics, such as the distribution of data and their shapes, and histograms, as well as an array of plotting concepts and techniques, including number line plots, box plots, stem-and-leaf plots and scatter plots

What does Contemporary Math entail? (Cont.)Concepts of exponential growth, exponential functions, exponential decay, recursion, half-life, compound growth, finding equations to fit exponential patterns in data, and properties of exponents three-dimensional shapes, spatial visualization, perimeter, area, surface area, volume, and the Pythagorean Theorem.

Topics on Contemporary Mathematics

For more information, go to http://www.ibello.com and click on the blue Finite Math button.

Topics in Contemporary math (cont.)Numbers and Number Sense

Computation

Data Analysis and Statistics Probability Geometry Business Measurement Patterns, Relations, Functions Algebra Concepts Discrete Mathematics Mathematical Reasoning Mathematical Communication

Contemporary Mathematics for Business and Consumers

Markup and Markdown (Cont.)Markup Based on Selling PriceCalculating percent markup based on selling price.Calculating selling price when cost and percent markup based on selling price are known.Calculating cost when selling price and percent markup based on selling price are known.Converting percent markup based on cost to percent markup based on selling price, and vice versa.

Markup and Markdown(Cont.)Markdowns, Multiple Operations, and Perishable GoodsDetermining the amount of markdown and the markdown percent.Determining the sale price after a markdown and the original price before a markdown.Computing the final selling price after a series of markups and markdowns.Calculating selling price of perishable goods.

Everybodys BusinessMany Retailers use a psychological pricing strategy known as odd pricing, whereby prices are set to end in odd numbers such as RM 0.99, RM 2.45, or RM 9.95.Theoretically, customers perceive odd prices as being substantially below even prices, and therefore a bargain. For example, RM 299.95 is perceived as being much lower than RM 300.00.Retailers, to psychologically project a prestigious image for their products, use even pricing such as RM10.00 or RM50.00.

Calculating Percent Markup Based on cost

Calculating Selling Price When Cost and Percent Markup Based on Cost are KnownSelling price = Cost (100% + Percent markup based on cost)SP = C (100% + % Mcost)Percent markup based on cost (rate = Markup (portion) or % Mcost = M Cost (base) C

Calculating cost When Selling Price and Percent Markup Base on Cost Are KnownCost = ___Selling price__ C = ____SP___ 100% + Percent markup on cost 100% + %Mcost

Markup Based on Selling PriceCalculating Percent Markup Based on Selling Price

Percent markup based on selling price (rate) = Markup (portion) Selling price (base)

Converting Percent Markup Based on Cost to Percent markup Based on Selling Price, And Vise VersaConverting Percent Markup Base on Selling Price to Percent Markup Based on cost

Percent markup based on selling price = Percent markup based on cost 100% + Percent markup based on costPercent markup based on cost = Percent markup based on selling price 100% - Percent markup based on selling price

Markdowns, Multiple Operations, and Perishable GoodsDetermining the Amount of Markdown and the Markdown Percent

Amount of markdown Percent = Original selling price Sale priceMarkdown percent = Amount of markdown Original selling price

Everybodys BusinessNote that markdown percent calculations are an application of rate of decrease.In the percentage formula, the markdown (portion) represents the amount of the decrease, and the original selling price (base) represents the original amount.

Determining the Sale Price a After a Markdown and the Original Price Before a MarkdownSale price = Original selling price(100% - Markdown percent) Finding the Original Price before a MarkdownOriginal selling price = Sale price 100% - Markdown percent

Everybodys BusinessIn a series of markups and markdowns, each calculation is based on the previous selling price.

Calculating the Selling Price of Perishable GoodsSelling of perishables = Total expected selling price Total quantity Anticipated spoilage

Selling price = Cost + MarkupCost = Selling price - MarkupMarkup = Selling price - Cost

Percent markup COST Markup Cost

Percent markup SP Markup Selling price

Selling price = Cost ( 100% + % Markup COST ) Copyright 2003 by South-Western==

Copyright 2003 by South-Western Selling price 100% + % Markup COST

Cost 100% - % Markup SP

Cost = Selling price (100% - %Markup SP )

%Markup COST 100% + %Markup COST

%Markup SP 100% - %Markup SP====CostSelling price%Markup SP%Markup COST

Markdown% =Original price =Selling price PERISHABLES =Markdown = Original price - Sale priceSale price = Original price - MarkdownOriginal Price = Sale price + Markdown

Markdown Original price

Sale price = Original price (100% - Markdown%)

Sale price 100% - Markdown%

Expected selling price Total quantity - Spoilage Copyright 2003 by South-Western

Why Study Contemporary Math? Math is important in virtually every area of business and industry. Finance, engineering, marketing, or pretty much any field of employment you can name requires some level of skill with mathematics. By applying yourself to contemporary math, you will develop skills relevant to math as it is commonly employed in today's everyday work world. It is always possible that your interest in math could lead you to study it at ever more advanced levels, resulting in work as a mathematician or physicist.

Contemporary mathematics in contextCareer and Salary Outlook with a focus on Contemporary Math

While there are many fields in business and industry where you will find math not only helpful, but also crucial and directly applicable, the field of mathematics itself is an obvious objective for developing the skills you learn in a contemporary math class.

Contemporary mathematics in context (cont.)According the US Bureau of Labor Statistics, advancements in technology will lead to expanding applications of mathematics, and more workers with knowledge of mathematics will be required. The average annual income for mathematicians in 2004 was about $80K, while the highest paid earned as much as $120K per year.

Career and Salary Outlook with a focus on Contemporary Math

Resourceshttp://www2.edc.org/mcc/PDF/perspcoreplus.pdfhttp://www.wmich.edu/cpmp/mathlink/ELL-LEP.pdf

Thank You Your participation today is greatly appreciated

***