 Instructor: Prof.
SungHyuk Cha
 Email: scha@pace.edu
 Tel: (212) 3461253
 Office: 163 Williams, Rm. 228 at NYC
 Office Hours: M W 3:30pm ~ 4:30pm and T Th 10:00am ~ 11:30pm.
 CRN: 70396
 Meeting:
 Meeting Times: MW 4:35 pm  6:00 pm
 Place: CIVIC W211
 Textbook:Finite Mathematics & Its Applications,
11th Edition, by
Goldstein, Schneider, and Siegel,
Pearson, 2014
 Course Description:
This course introduces both algebra and probability theory with emphasis of their applications to business and finance. Topics include solutions systems of linear equations, matrix algebra, finite probability, interpretations of probability, equallylikely outcomes, independent events, conditional probability, Bayes’ theorem, Frequency distributions, random variables, probability mass functions and cumulative distributions, binomial and normal distribution.
 Prerequisite: MAT 103, 103A, 103C or Placement.
 Tentative Schedule:
Week  Monday  Wednesday 
1  9/9 Linear Equations (1.1~1.2) 
9/11 Linear Equations (1.3~1.4) 
2
 9/16 Linear Equations (1.5) 
9/18 Systems of Linear eqns (2.1~2.2) 
3
 9/23 Matrix Operations (2.3) 
9/25 Inverse Matrix (2.4) 
4
 9/30 GaussJordan Method (2.5) 
10/2 Sets (5.1~5.3) 
5

10/7 Basic counting (5.4~5.5) 
10/9 Counting (5.5~5.6) 
6

10/14 Binomial Theorem (5.7~5.8)

10/16
Exam I

7

10/21
Exam Review

10/23
Probability (6.1)

8

10/28
Probability (6.2~6.3)

10/30
Probability (6.4~6.5)

9

11/4
Probability (6.6~6.7)

11/6
Data representation (7.1~7.2)

10

11/11
Binomial trials and Mean(7.3~7.4)

11/13
Variance and Standard Deviation (7.5)

11

11/18
Normal distribution (7.6~7.7)

11/20
Exam II

12
 11/26
Compound Interest (10.1)
Annuities (10.2)

11/27 Thanksgiving Break 
13

12/2
Amortization of Loans (10.3)

12/4
Financial decisions (10.4) 
14

12/9
Study Day

12/11 Study Day 
15

12/16 Final Exam 
12/18

 Evaluation:
 Attendance (10%):
 Homework (10%):
 Two Exams (40%):
 Final Exam (40%): comprehensive and need at least 50% to pass the course.
 Course Policies
