Contemporary Business Mathematics with Canadian Applications, 13th edition

For business mathematics courses.

This text is intended for use in introductory mathematics of finance courses in post-secondary business management, marketing, accounting, and finance programs. It also provides a review of basic mathematics.

Contemporary Business Mathematics with Canadian Applications is a teaching text using problem-identification and problem-solving approaches. The systematic and sequential development of the material is illustrated by examples that show a step-by-step approach to solving the problem. The detailed solutions are presented in a visually clear and colorful layout that allows learners to monitor their own progress in the classroom or in independent study.

Hallmark features of this title

• Comprehensive case studies for each part of the book have been created. The questions within each case study have been separated by chapter or group of chapters to facilitate the use of these case studies by those institutions that include only some of the topics in their course syllabus. With the questions separated and identified by chapter, these institutions can use part of the case study in their courses.
• A Business Math News Box is presented in every chapter. This element consists of short excerpts based on material appearing in newspapers, magazines, or websites, followed by a set of questions. These boxes demonstrate how widespread business math applications are in the real world.
• The Pointers and Pitfalls boxes emphasize good practices, highlight ways to avoid common errors, show how to use a financial calculator efficiently, or give hints for tackling business math situations to reduce math anxiety.
• Programmed Solutions using the Texas Instruments BA II PLUS calculator are offered for most examples in Chapters 9 to 16. Since this calculator display can be pre-set, it is suggested that the learner set the display to show six decimal places to match the mathematical calculations in the body of the text. Both mathematical and calculator solutions for all Exercises, Review Exercises, and Self-Tests are included in the Instructor’s Solutions Manual. An icon highlights information on the use of the BA II PLUS calculator.

New to this Edition

• As the world shifts to a greater reliance on digital media, it is appropriate that this resource evolves as well. This thirteenth edition is the first fully digital version of Contemporary Business Mathematics with Canadian Application. Instructors and students will find that, although the medium has changed, the content is fully consistent with prior editions.
• To help students better understand and solve systems of linear equations, the order of presenting concepts has been changed in Chapter 4. We first introduce an easier concept of graphing linear equations and continue with graphical solutions of systems of linear equations with two unknown variables. We then introduce algebraic solution of systems of linear equations, followed by some real-life problem solving cases. Finally, graphing systems of linear inequalities is presented.
• This edition continues to clarify a consistent approach to rounding rules. The section Student’s Reference Guide to Rounding and Special Notations gives a clear explanation of the rounding conventions used throughout the text. Additional Pointers & Pitfalls boxes are placed in key areas to remind students about the rounding conventions and exceptions in practice.
• The cost data in the main example for explaining break-even analysis in Chapter 5 have been revised to eliminate confusion and help students understand various costs of doing business, perform cost-volume-profit analysis, and calculate the break-even point in a business. All charts, figures, and tables have been updated to reflect changes in the cost data in this chapter.