Consumer math is a field of mathematics, which shows you how to use your basic math skills to real life situations such as buying a car, budgeting your money, investing, paying taxes, etc...
Here is what you should expect from the lessons
The topics presented are basic, simple, and right to the point.
The lessons will help you build your vocabulary.
You will feel comfortable using math in real life situations.
Topics will be added on a regular basic. Stay tune for updates!
Buying a house:
Learn how about some basic math skills in calculating your mortgage loans.
Real state tax
Learn how a property tax is calculated using some basic math skills
Topics in investment:
Learn about what bond, face value and how to calculate the cost of bond given the face value and the percent shown on the face value.
Learn about redemption value and how to calculate the interest given the redemption value and the cost of the bond.
Learn how to compute the interest for a principal that is not reinvested
Compound interest formula
The compound interest formula is explained
Compound interest word problems
Learn how to use the compound interest formula with these word problems
Simple vs Compound interest
Learn the difference between simple and compound interest
Rule of 72
Find out how long it will take your money to double
Why the rule of 72 works
Find out where the 72 came from and why it makes sense.
Bying a car:
Understanding car financing
Learn about some basic terms used when financing a car and some basic mathematics skills you will encountered.
Income and expenses:
Adjusted gross income definition
Learn to calculate your adjusted gross income
Calculate taxable income
Learn to calculate your taxable income
Calculate take home pay
Learn to calculate how much money you take home with you after deductions
Estimate gas cost
Learn to calculate how much money you spend on gas.
Learn how to find the price of items after the price has been discounted.
Calculate baseball statistics
Learn how to find baseball statistics such as batting average, fielding percentage, and so forth using basic math skills
Mar 13, 19 11:50 AM
Learn how to derive the equation of an ellipse when the center of the ellipse is at the origin.
New math lessons
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