Consumer math covers the financial transactions encountered in life, which range from buying food and clothing to taking out loans for cars and houses as well as saving for retirement. Consumer math also involves planning a budget for effective use of financial resources and developing a consistent savings plan. Investments and insurance are included because prudent planning is essential. In the first edition of this text, extensive use was made of financial tables. In this day of computers and hand-held calculators, it is more efficient to perform financial calculations entirely by formula using calculators. Since financial formulas tend to contain fractions and exponents (some negative), it is recommended that each student have a scientific calculator with two storage locations.
- Type: Paperback (Student/Stdy Gde)
- Category: > Home Schooling
- ISBN / UPC: 9781579248925/1579248926
- Publish Date: 1/1/2005
- Item No: 114674
- Vendor: Bob Jones University Press