Dear Learner welcome to unit two! In today’s fast-paced business environment, a solid understanding of fundamental mathematical and financial concepts is crucial for making informed decisions and achieving long-term success. This unit is designed to equip you with essential knowledge and skills that will serve as a foundation for navigating the financial aspects of business. Lesson 1: Basic Mathematical Concepts in Business lays the groundwork for understanding essential mathematical tools that underpin many business operations. you will explore fundamental concepts such as percentages, ratios, and basic algebra, all of which are vital for analyzing financial statements, budgeting, and forecasting business performance. Lesson 2: Time Value of Money introduces the critical principle that money available today is worth more than the same amount in the future due to its potential earning capacity. you will delve into concepts such as present and future value, discount rates, and the intricacies of interest calculations, which are essential for making investment decisions and evaluating financial opportunities. Lesson 3: Saving, Investment, and Taxation emphasizes the importance of effective financial management strategies. you will examine the roles of saving and investing in wealth accumulation, while also addressing the impact of taxation on individual and business financial planning. Understanding these concepts will empower you to make strategic decisions that maximize financial growth and minimize liabilities.