Title: Unit 4 Lecture Notes
Course: Technical Math for Industry

Unit 4 Lecture Notes

Finance

This unit is divided into four sections:

1. Ordinary and Exact Interest
2. Calculating Interest on Loans
3. Commission
4. Discounts

Print out the PowerPoint presentation to use as an outline to take your own notes on and to use to work the problems during the PowerPoint lecture.

To view and listen to the lecture together:

1. Click on the PowerPoint presentation to download the slide show. This should open in a new window. You may have to save the file first and then open it.
2. Go to the unit page by returning to the original MAT107 course window in your browser.
3. Click on the Audio show to begin the audio lecture. If you don't have a media player, you can go to http://www.real.com (link opens in a new window) and download the free media player. If asked for a username and password to hear the audio, enter your D2L ID and password.
4. Click on the PowerPoint slide show window to follow the presentation and the audio lecture together.

Each of the links below will open in a new window. When you are finished with the content in each window, close it and you should return to the content on this page.

Ordinary and Exact Interest

- Calculating Days  and Calculating Days with Answers
- Notes and Examples and Answers
- PowerPoint presentation
- Audio for the Ordinary and Exact Interest presentation

Calculating Interest on Loans

- Add-On Interest
- Equal Principal Payment
- Equal Total Payment
- True Rate of Interest
- PowerPoint presentation
- Audio for the Calculating Interest on Loans presentation

Commission

- Notes and Examples
- PowerPoint presentation
- Audio for the Commission presentation

Discounts

- Cash Discount Notes
- PowerPoint presentation
- Audio for the Discounts presentation

Please see the amortization interest rate table if you need an example, also available in course Resources.

Unit 4 Assignments

- Unit 4 Assignments