
Business Math: A Step-by-Step Handbook - 2023-A-D
Jean-Paul Olivier
Copyright Year:
Publisher: Lyryx
Language: English
Formats Available
Conditions of Use
Attribution-NonCommercial-ShareAlike
CC BY-NC-SA
Reviews





Yes, all areas are covered, and the appendices at the end are very help: rounding rules, key formulas, and a summary of notations (abbreviations and key words). read more
Reviewed by Velda Arnaud, Department Chair, Instructor, and Advisor, Blue Mountain Community College on 8/30/25
Comprehensiveness
Yes, all areas are covered, and the appendices at the end are very help: rounding rules, key formulas, and a summary of notations (abbreviations and key words).
Content Accuracy
I could not find any errors. The only concern I have is that is Canadian and uses the metric measuring system, which my students would not understand.
Relevance/Longevity
This textbook was last updated in 2023, so it is fairly new. Each chapter starts with real-world examples written in ways that students can understand. The examples are all business and personal, such as loans.
Clarity
This textbook is very easy to read, and the organization makes it easy to find information in each chapter. However, I have difficulty getting students to read paragraphs; while everything students need is there, I question how one could persuade some students to read.
Consistency
As I mentioned previously, the organization is absolutely wonderful.
Modularity
Yes, each chapter could be broken up and rearranged. However, because of the appendices, I would keep everything together as one resource.
Organization/Structure/Flow
Yes, this textbook is well organized. The author uses the PUPP (Plan, Understand, Perform, and Present) Model, and each chapter has a graphic showing those steps. Each chapter begins with a real-world example, and includes the PUPP graphic, How It Works, Top Secret Tips, and Things to Watch Out For.
Interface
This textbook was developed as a Lyryx With Open Texts project. There are links to the Lyryx website throughout the book; none of them work. All of the chapter exercises are only available online through a paid site. Unfortunately, Lyryx appears to have been puchased by another company, Harris Learning Solutions, and everything has moved to their website.
Grammatical Errors
Other than some Canadian differences, I found none.
Cultural Relevance
Other than examples from Canada that Oregon students may not understand, there were no cultural insensitivities or offenses.
CommentsOverall, I love the organization and how well this textbook was written, but I could not use it in my business mathematics course because of the requirement for the paid platform for exercises.
Table of Contents
PART 1: Mathematic Fundamentals for Business
- Chapter 1: How To Use This Textbook
- Chapter 2: Back to the Basics
- Chapter 3: General Business Management Applications
PART 2: Applications in Human Resources, Economics, Marketing, and Accounting
- Chapter 4: Human Resource & Economic Applications
- Chapter 5: Marketing and Accounting Fundamentals
- Chapter 6: Marketing Applications
- Chapter 7: Accounting Applications
PART 3: Applications in Finance, Banking, and Investing: Working With Single Payments
- Chapter 8: Simple Interest: Working With Single Payment & Applications
- Chapter 9: Compound Interest: Working With Single Payments
- Chapter 10: Compound Interest: Applications Involving Single Payments
PART 4: Applications in Finance, Banking, and Investing: Working With A Continuous Series of Payments (Annuities)
- Chapter 11: Compound Interest: Annuities
- Chapter 12: Compound Interest: Special Applications of Annuities
PART 5: Applications in Finance, Banking, and Investing: Amortization and Special Concepts
- Chapter 13: Understanding Amortization & Its Applications
- Chapter 14: Bonds and Sinking Funds
- Chapter 15: Making Good Decisions
About the Book
Business Mathematics was written to meet the needs of a twenty-first century student. It takes a systematic approach to helping students learn how to think and centers on a structured process termed the PUPP Model (Plan, Understand, Perform, and Present). This process is found throughout the text and in every guided example to help students develop a step-by-step problem-solving approach.
This textbook simplifies and integrates annuity types and variable calculations, utilizes relevant algebraic symbols, and is integrated with the Texas Instruments BAII+ calculator. It also contains structured exercises, annotated and detailed formulas, and relevant personal and professional applications in discussion, guided examples, case studies, and even homework questions.
About the Contributors
Author
Jean-Paul Olivier has been teaching Business and Financial Mathematics, as well as Business Statistics and Quantitative Methods for the past 21 years. He is a dedicated instructor interested in helping his students succeed through multi-media teaching involving PowerPoints, videos, whiteboards, in-class discussions, readings, online software, and homework practice. He regularly facilitates these quantitative courses and leads a team of instructors. You may have met Jean-Paul at various mathematical and statistical symposiums held throughout Canada (and the world). He has contributed to various mathematical publications for the major publishers with respect to reviews, PowerPoint development, online algorithmic authoring, technical checks, and co-authoring of textbooks. This text represents Jean-Paul’s first venture into solo authoring