semester plan for business mathematics

May 19th, 2015
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Course objectives: The main objective of this course is to teach students some advance mathematical concepts along with their applications. Students will learn how to apply an appropriate mathematical procedure / tool to solve a problem and how to perform proper mathematical analysis.

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Anaccount statementor abank statementis a summary of allfinancial transactionsoccurring over a given period of time on adeposit account, acredit card, or any other type of account offered by afinancial institution.Bank statements are typically printed on one or several pieces of paper and either mailed directly to the account holder's address, or kept at the financial institution's localbranchfor pick-up. CertainATMsoffer the possibility to print, at any time, a condensed version of a bank statement.Historically, bank statements were producedquarterlyor evenannually. Since the introduction of computers in banks in the 1960s,[1]bank statements are generally produced every month. Lesser frequencies are nowadays reserved for accounts with small transaction volumes, such asinvestmentsorsavings accounts. Depending on the financial institution, bank statements may include certain features such as the cancelledcheques(or their images) that cleared through the account during the statement period, promotionalinsertsor important notices about changes in feesorinterest rates. Thanks toonline banking, financial institutions offer virtual statements, also known aspaperlessstatements or e-statements. Due toidentity theftconcerns, a virtual statement may not be seen as a dangerous alternative against physical theft as it does not contain tangible personal information, and does not require extra safety measures of disposal

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