WELCOME PROSPECTIVE FALL 2007 ONLINE REAL ESTATE MATH STUDENT

 

 

This course investigates the basic mathematical operations used to solve practical real estate application problems. The core topics include percents with applications, simple and compound interest, discounting notes, present value, annuities, mortgages, and preparation for the math portion of the Nevada Real Estate Exam.

 

 

ALL SECTIONS OF THIS COURSE WILL BE USING BOTH A ‘MATHCUE’ WEBSITE AND A ‘MATHMASTER’ WEBSITE, both of which will be unique for your particular course section.

 

  • The main course 'MathCue' website organizes the textbook chapters' content and allows you to take the chapter exams.
  • The MathMaster website helps you to prepare for the math portion of the Nevada Real Estate Exam.

 

 

RE 102B, SECTION W01, INTERNET STUDENTS WILL STUDY AT HOME FOLLOWING A PERSONALLY MAINTAINED LEARNING SCHEDULE.

 

 

 

THE MAIN COURSE WEB SITES:

 

1)  THE "MATHCUE" WEB SITE

 

You must self-register for full access to this course's web site.  The MathCue software CD, which accompanies the textbook, is required to register onto the course web site.

 

After you attempt to self-register onto the MathCue course website, please send me an email identifying yourself with your full name as a WNC enrolled student who is entitled to have access within the MathCue course web site. The email notice allows me to identify you and verify that you have successfully registered onto the MathCue website

 

Class ID is "wnc07fallre" for MathCue Website Registration

 

Email address is cook@wnc.edu

 

This course web site offers a variety of features to enhance and reinforce your understanding of real estate math. 

 

2)  THE MATHMASTER WEBSITE

 

The "MathMaster" component of the course is an online preparation for the math portion Nevada Real Estate Exam. The "MathMaster" component of the course is worth 40% of your final grade. The complete registration and sign-on procedures for "MathMaster" are located at the WNC WebCT Webpage for this course, RE102B. This information is not available on my openly accessible WNC faculty webpage for security reasons. The discounted price for students in this class will be approximately $48.

 

MINIMUM SYSTEM REQUIREMENTS FOR MATHCUE

 

PC:

  • Pentium processor (166 MHz or faster)
  • Windows 98/ME/XP operating system
  • 32 MB RAM
  • Sound Card
  • CD ROM drive
  • Internet Connection

 

MAC:

  • Power PC processor (120 MHz or faster)
  • Mac OS 8.1 operating system or later
  • 32 MB RAM
  • CD ROM drive
  • Internet Connection

 

 

 

COURSE MATERIALS

 

4th Edition TEXTBOOK­ REQUIRED (includes MathCue)

 

·         “Contemporary Mathematics for Business and Consumers”, 4th edition, by Robert A. Brechner, Thomson Pub.

·         Student Resource Manual for “Contemporary Mathematics for Business and Consumers”, 4th edition.

 

MATHMASTER

 

·        The MathMaster website requires online registration through a link which will be provided. There is a fee charge for using MathMaster.

 

 

 

OPTIONAL WNC COMPUTER LAB ACCESS CARD

If you do not have your own home computer with internet access, or if you want to have additional access while on campus, then this card can be purchased at the WNC business office.

 

 

(WNC COMPUTER LABS MAY NOT BE AVAILABLE DURING THE FALL SESSIONS)

 

COURSE STRUCTURE AND DESIGN

 

Textbook  (MathCue) Objectives

 

  • Perform conversions of decimals, percentages, and fractions
  • Define the "portion formula" used in percentage applications
  • Solve problems using the "portion formula"
  • Calculate percentage changes
  • Define various credit and transportation terms.
  • Demonstrate the interest formula and solve for unknown elements
  • Calculate simple interest and maturity value
  • Define and utilize the "U.S. rule" to calculate interest credits
  • Differentiate between interest and non-interest bearing notes
  • Define compound interest and calculate effective rate
  • Define present value and calculate using tables
  • Define an annuity and calculate future and present values of annuities and lump sums
  • Compute finance charges in installment buying and revolving charge accounts
  • Explain the "rule of 78" and utilize to compute rebates and payoffs
  • Calculate the finance charge and amortized payments for various mortgages

 

MathMaster Objectives:

 

  • Successfully prepare for the math portion of the Nevada Real Estate Exam.

 

 

Attendance

You are enrolled in a flexible course where the assigned textbook chapters are available for you to work through at a entirely personal self-determined schedule.  There are no pre-scheduled group chat room meetings.  However, it is important to communicate with your instructor when you encounter any problem.

 

 

Textbook Chapter Assignments

Students are to read each assigned chapter.  Thoroughly examine the homework problems for that chapter. Then, perform the graded quiz for that chapter. Then go on to the next assigned chapter, until all assigned chapters are completed. The graded tests are accessible by signing onto the “MathCue.Business Online” computer program path while being online. All chapter tests may be repeated as many times as desired. The best score for each chapter test will be applied to the final grade.

 

MathMaster Assignments

Students need to read the MathMaster operating instruction carefully. The online software is self directive and compels you to repeat any problem until you do it correctly. You must entirely complete ALL the MathMaster assignments to receive any credit for this portion of the course. This part is “pass or fail” (all or nothing) and it counts as 40% of the overall grade.

 

 

Grading Policy

 

  • This is a weighted average grading system.
  • Each test has its own specific weighted value for toward the final grade for the course (see table below).
  • The graded tests are accessible by signing onto the “MathCue.Business Online” computer program path while being online.
  • All MathCue chapter tests may be repeated as many times as desired.
  • The best score for each chapter’s graded test, from the syllabus, will be automatically applied to the final grade.
  • All graded chapter tests MUST be successfully completed and submitted directly online through the “MathCue.Business Online” program path to count for course credit.
  • MathMaster portion of the course is entirely graded as “pass or fail”. You will earn ALL the 240 points are earned by completing all the MathMaster practice sections, which is 40% of the total course, or you will not earn any MathMaster credit at all. Its “all or nothing”.

 

 

 

 

 

 

 

 

 

Course

Chapter

Start

End

Chapter Title

Points

% Weight

1

8/27/2007

12/14/2007

Whole Numbers

40

6.67%

2

8/27/2007

12/14/2007

Fractions

40

6.67%

3

8/27/2007

12/14/2007

Decimals

40

6.67%

6

8/27/2007

12/14/2007

Percents

40

6.67%

10

8/27/2007

12/14/2007

Simple Interest

40

6.67%

11

8/27/2007

12/14/2007

Comp. Interest

40

6.67%

12

8/27/2007

12/14/2007

Annuities

40

6.67%

13

8/27/2007

12/14/2007

Credit

40

6.67%

14

8/27/2007

12/14/2007

Mortgages

40

6.67%

MathMaster

8/27/2007

12/14/2007

Real Estate Test Prep

240

39.97%

 

 

 

 

 

 

 

 

 

Total Course

600

100.00%

 

 

THERE ARE ABSOLUTELY NO EXTRA CREDIT ASSIGNMENTS AVAILABLE.

 

THE COURSE CONCLUDES AT THE END OF THE DAY ON FRIDAY, DECEMBER 14th, 2007, WHEN BOTH THE ‘MATHCUE’ COURSE WEBSITE AND THE ‘MATHMASTER’ COURSE WEBSITE CLOSES TO STUDENT ACCESS.

 

No grade of "Incomplete" will be given for the course.

 

No grade of “Withdrawal” will be given to any student who has NOT officially withdrawn from the course through the WNC admissions office.

 

 

 

Cumulative Point Grading Scale  (All Sections)

 

A  =  93 to 100%

A- =  90 to 92%

B+ = 87 to 89%

B   = 83 to 86%

B-  = 80 to 82%

C+ = 77 to 79%

C   = 73 to 76%

C-  = 70 to 72%

D+ = 67 to 69%

D   = 63 to 68%

D-  = 60 to 62%

F    =   0 to 59%

 

 

Please don't hesitate to contact me if you have any questions.  Also my faculty web page at

http://www.wnc.edu/~cook/ is very informative.

 

Dave Cook