fractions/decimals/ percents. money the most common application of math is money and personal...
DESCRIPTION
Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared loans to buy a car, or set up a retirement account, then you have had to call on your skills in decimals/fractions/percents to help you.TRANSCRIPT
![Page 1: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/1.jpg)
Fractions/Decimals/Percents
![Page 2: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/2.jpg)
![Page 3: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/3.jpg)
Money• The most common application of math is money and personal
finance.• If you’ve ever balanced a checkbook, compared loans to buy a
car, or set up a retirement account, then you have had to call on your skills in decimals/fractions/percents to help you.
![Page 4: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/4.jpg)
American Money• In the US, our money is based on dollars and cents. • One cent is represented as $.01, with a 1 in the hundredths
place, because it is 1/100th of a dollar.
• Notice “cents” is from the Latin centum meaning a hundred.
![Page 5: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/5.jpg)
Sidenote: Korean Money• 1000 won= 1 US dollar
![Page 6: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/6.jpg)
Compound Interest
![Page 7: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/7.jpg)
Percents• Percents are also common in financial problems.• The value of 6.2% is equal to .062 or • Percents are used in sale prices, interest rates, commissions,
tips, and taxes.
![Page 8: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/8.jpg)
I=prt interest=principle x rate x time• P. 60
![Page 9: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/9.jpg)
Math in the WorkplaceFractions
![Page 10: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/10.jpg)
Photographers and math
![Page 11: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/11.jpg)
Photographers and math
![Page 12: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/12.jpg)
Pharmacists and math
![Page 13: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/13.jpg)
Pharmacists and math• Pharmacists use math to calculate dosages.
![Page 14: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/14.jpg)
How do you think you’ll use math in your career field?
![Page 15: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/15.jpg)
Fractions•
![Page 16: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/16.jpg)
• A pharmacists is compounding a batch of medication that requires 218 ¼ g of a drug that costs $79.75 per kilogram and 124 ½ g of a drug that cost $38.50 per kilogram. How much is the cost of this batch?
![Page 17: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/17.jpg)
• A pharmacists is compounding a batch of medication that requires 218 ¼ g of a drug that costs $79.75 per kilogram and 124 ½ g of a drug that cost $38.50 per kilogram. How much is the cost of this batch?
• Since the numbers are in both decimals and fractions, convert the decimals to fractions so you are working within the same format.
Drug Weight PriceDrug A 218 ¼ gram 79.75 79 ¾ per kgDrug B 124 ½ gram 38.50 38 ½ per kg
![Page 18: Fractions/Decimals/ Percents. Money The most common application of math is money and personal finance. If you’ve ever balanced a checkbook, compared](https://reader035.vdocument.in/reader035/viewer/2022062905/5a4d1acd7f8b9ab059970407/html5/thumbnails/18.jpg)