Standard 1  Number Computation Skills and Concepts

Indicators:  The student

BM 1.1

applies basic mathematical operations to solve problems including money problems, gross and average pay calculations, regular and overtime pay, net pay, fringe benefits, and commissions.

Standard 2  Number Relationships and Operations

BM 2.1

solves problems containing whole numbers, decimals, fractions, percents, ratios, and proportions.

BM 2.2

solves metric measurement problems.

BM 2.3

solves home purchase and related problems.

BM 2.4

explores buying, leasing, and running a home or motor vehicles costs.

BM 2.5

explores and understands basic tax procedures.

BM 2.6

explores and understands insurance needs.

Standard 3  Patterns, Functions, Algebra, Conceptual underpinnings of Calculus

BM 3.1

uses algebraic operations to solve problems.

BM 3.2

explores problem and procedures related to saving and borrowing money.

BM 3.3

explores investment procedures and related patterns, functions, and algebra problems.

Standard 4  Measurement

BM 4.1

uses common international standards of measurement in solving problems.

BM 4.2

explores and understands business analysis and statistics.

BM 4.3

understands business profit and loss.

BM 4.4

explores doing business in a global economy.

Standard 5 Statistics and Probability

BM 5.1

analyzes and interprets data using common statistical procedures.

Standard 6 Problem Solving Applications

BM 6.1

uses mathematical procedures to analyze and solve business problems for the areas of:

1. taxation
2. savings and investments
3. payroll records
4. cash management
5. financial statements
6. credit management
7. purchases
8. sales
9. inventory records
10. depreciation, cost recovery, and depletion