MATH 115 Problem Solving MODULE TEN (Week 10) Taxes and Insurance (Chapter 12) Overview: The topic of taxes is interesting and stimulating, and it sometimes generates an emotional discussion. Occasionally there are some local tax issues relevant to this topic that may be discussed with your instructor. The coverage of income tax is merely introductory but gives you excellent guidance in working with an individual or joint income tax return. Understanding terminology and the use of tables are two key goals. Also, the students should become well aware of their current and future insurance needs, the types of insurance coverage available, and the various insurance options are essential knowledge for the business person. Learning Outcomes: Upon completion of this module, you should be able to: Calculate property tax. Calculate personal income tax. Calculate fire insurance. Describe motor-vehicle insurance. Calculate life insurance. Reading Assignment: Miller, C.D., Salzman, S.A., & Clendenen, G. (2009). Business Mathematics (11th ed.). MA: Pearson Education, Inc., Chapters 12. Module Ten Graded Activities: Assignment 10 Final Exam Final Exam: This should be taken no later than the beginning of the tenth week of this course to allow sufficient time for grading. You should have already established a specific date for this final with your proctor.

MATH 115 Problem Solving MODULE TEN (Week 10) Taxes and Insurance (Chapter 12) Overview: The topic of taxes is interesting and stimulating, and it sometimes generates an emotional discussion. Occasionally there are some local tax issues relevant to this topic that may be discussed with your instructor. The coverage of income tax is merely introductory but gives you excellent guidance in working with an individual or joint income tax return. Understanding terminology and the use of tables are two key goals. Also, the students should become well aware of their current and future insurance needs, the types of insurance coverage available, and the various insurance options are essential knowledge for the business person. Learning Outcomes: Upon completion of this module, you should be able to: Calculate property tax. Calculate personal income tax. Calculate fire insurance. Describe motor-vehicle insurance. Calculate life insurance. Reading Assignment: Miller, C.D., Salzman, S.A., & Clendenen, G. (2009). Business Mathematics (11th ed.). MA: Pearson Education, Inc., Chapters 12. Module Ten Graded Activities: Assignment 10 Final Exam Final Exam: This should be taken no later than the beginning of the tenth week of this course to allow sufficient time for grading. You should have already established a specific date for this final with your proctor.