Consumer math
In today's article we are going to talk about Consumer math, a topic that has gained great relevance in recent years and is of interest to a large number of people. Consumer math is a topic that has generated debate and has been the subject of study and research, since its impact covers different areas of society. From its origin to its evolution, Consumer math has captured the attention of experts and fans, who seek to understand its complexity and its influence on our daily lives. Throughout this article we will explore the most relevant aspects of Consumer math, as well as its importance in various areas of modern life. Join us and discover everything you need to know about Consumer math!
Consumer math comprises practical mathematical techniques used in commerce and everyday life. In the United States, consumer math is typically offered in high schools, some elementary schools, or in some colleges which grant associate's degrees.
A U.S. consumer math course might include a review of elementary arithmetic, including fractions, decimals, and percentages. Elementary algebra is often included as well, in the context of solving practical business problems. The practical applications typically include: changing money, checking accounts, budgeting, price discounts, markups and markdowns, payroll calculations, investing (simple and compound interest),[1][2] taxes, consumer and business credit, and mortgages.
The emphasis in these courses is on computational skills and their practical application, with practical application being predominant. For instance, while computational formulas are covered in the material on interest and mortgages, the use of prepared tables based on those formulas is also presented and emphasized.
See also
References
- ^ Consumer Math Success Kit, 1996, p.205, ISBN 0-8251-2852-8, webpage: Books-Google-kC.
- ^ "Wilmington University Course Descriptions", wilmu.edu, 2010, webpage: WU205.
Bibliography
- Brechner, Robert. (2006). Contemporary Mathematics for Business and Consumers, Thomson South-Western. ISBN 0-324-30455-2
- T. R. Ittelson, (2009), "Financial Statements", Career Press, 2009.