Unit 2 Business Math

Unit 2: Instructor Graded Assignment – Version 1

Equations 

Unit 2 focuses on equations and how to solve them, which is covered in your reading from Chapter 5: “Equations.”

For this Assignment, you will write a one-page, four-paragraph essay explaining an equation you will develop. Your essay must be carefully planned and written using well-constructed sentences and paragraphs. Make sure that your grammar and spelling are correct. Points will be awarded for content as well as composition. Your essay must be a minimum of 1 page in length with standard 1 inch margins and is required to have at least one reference from a reliable source. This means that you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers and that only references from reliable sources will earn points. All resources should be cited both as an in-text citation as well as being listed on a reference page in APA format.

Assignments must be submitted as a Microsoft® Word® document and uploaded to the Dropbox for Unit 2. Include your essay directly in this document following the instructions. 

 

All Assignments are due by Tuesday at 11:59 p.m. ET of the assigned unit. 

Essay Assignment (40 points)

Equations are around us in everyday life. For example, if you have $49 at a baseball game and you go to the concession stand for hot dogs and hamburgers, and hot dogs are $3 each and hamburgers are $6 each, how many of each can you purchase? There isn’t just one answer. Note: that equation is an example only. You don’t want to use that equation in your essay!

Your Assignment is to create your own equation in a business setting. Present the equation in an essay type format. 

1. In the first paragraph, introduce your equation, tell what your variables represent, and tell what the equation represents. 

2. In the second paragraph, present two solutions to your equation. 

3. In the third paragraph, discuss how and when equations are used in business transactions and give at least two examples. 

4. In the final paragraph, state your conclusions. 

Your essay should be complete and cover each point as outlined above. Be sure to include at least one text citation.

You may submit your Assignment to the Math Center for review. Tutors will not grade or correct the Assignment, but they will provide guidance for improvement. In addition, tutors will not help you find websites for the Assignment. Be sure to submit Assignments early enough to receive feedback and make corrections before the Assignment due date (24 hour turn-around times Monday-Thursday and 48 hour turn-around times on weekends are typical). Email Assignments to: kumc@kaplan.edu. Please put “MM255 Assignment Review” in the subject line of the message.