answersLogoWhite

0

They have a machine that counts the money of what ever number the bankers type in

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Math & Arithmetic

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.


Where can math be used?

In many jobs, including:TeacherPhysicistSoftware engineerActuaryComputer systems analystComputer programmerMathematicianAnywhere! In fact math is used all around us. Banks, Science labs, a grocery store, the mall, schools, even at your home. The people that might need to use math every day might be, Bankers, acountants, grocery clerks, kids, adults, and even thoughs who have diabetes. I know someone who is a diabetic and she must coculate who much insulin she gets. These are just some of the places and people that use math every day.


How is math used in career of banker?

well... bankers use math all the time. they use it to find the interest. example: the person borrows 1000 dollars from the bank and say the interest is 2% monthly, so the banker can use math in that case. Also, when the banker invests on things, they use math to predict what their profit is, it can be negative ( a loss of money) or they can gain.


Does the website cool-math have virus?

i think no because it is math so its good for us to learn math


Is there math involved in banker?

Yes, math is involved in banking, as it plays a crucial role in various financial calculations. Bankers use math to assess loan risks, calculate interest rates, manage investments, and analyze financial statements. Additionally, they apply statistical methods for risk assessment and portfolio management. Overall, a solid understanding of math is essential for effective decision-making in the banking sector.

Related Questions

What does bankers have to do with math?

Bankers count money and calculate how much to give you.


What kinds of math do bankers use?

they dont use much math they only count there money


What type of math do bankers use?

subtract divide multiply addition


Why don't Americans revolt against the bankers and financiers who have taken over their country?

this is false... the bankers and financiers have not taken over the US.


What type of math is used in a bankers job?

Arithmetic , algebra, some differential equations might occur in analysis.


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.


Who hires bankers?

Bankers Retardo


Who is the target market for fixed deposit?

platimum bankers platimum bankers platimum bankers


math?

Math is subject than make us pagel


Are bankers a salesperson?

no bankers are not sales people but they are the advisors


What career uses math in daily bases?

carpinters contractors accountants bankers bakers chefs chemists biologists attorneys ...just learn it, it never goes away...


Where can math be used?

In many jobs, including:TeacherPhysicistSoftware engineerActuaryComputer systems analystComputer programmerMathematicianAnywhere! In fact math is used all around us. Banks, Science labs, a grocery store, the mall, schools, even at your home. The people that might need to use math every day might be, Bankers, acountants, grocery clerks, kids, adults, and even thoughs who have diabetes. I know someone who is a diabetic and she must coculate who much insulin she gets. These are just some of the places and people that use math every day.