answersLogoWhite

0

What math is in banking?

Updated: 8/17/2019
User Avatar

Wiki User

14y ago

Best Answer

Interest and percent I know. Proportions are useful for finding that.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What math is in banking?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How is math involved with banking?

When you are banking you have to be able to count all the money and the coin's.


Banking contains decimals because banking is about math decimals is also a method of math but im talking about fractoin decimals but dont blame me if im wrong?

This is not a question.


How is math related to banking?

Mainly counting your money and to give money to people. You definitely have to know how to work with percentages, decimals, and fractions. Being an accountant is an excellent example for people needing math.


What math is used in acting?

in your banking acont were you blance out your money


How biology helps in banking sector?

Biology does not directly help in the banking sector. Accounting and math can help in this sector but biology does not really factor into this in anyway.


How does a stay at home mom use math?

by cooking, grocery budgets, banking budgets, laundry, sewing


Banking introduction in maths projects in icse?

The banking introduction in Math projects in ICSE. They help the learner come up with viable solutions to tackle problems that may arise in future.


How does a banker use math?

Bankers do all sorts of math, from simple addition and subtraction to complicated problems including compound interest, for example. Math is essential to any banking job. Today though, most of the math is done on computers, not by hand or by humans at all.


How do bank managers use math?

As anyone working in the banking industry, they must be able to work (correctly) with financial figures.


What was the primary cultural contribution of the Muslims during the Abbasid period?

the muslims developed a banking system, developed more learning, science and math


Why do people do math?

Usually, to find out how much money they have, or how much money they have to spend. Math is helpful throughout life in making calculations (budgets, sales, tips, banking, leasing, buying, etc) as well as helping in your job. Math challenges the mind and problem solving skills. One other reason is that math is intertwined with many other subjects.


How is math helpful in banking?

it is helpful because you would not want to pay a guy too little because that person could sue the companyand you would get fired