What is the importance of mathematics in accounting?

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  • Anonymous
    1 decade ago
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    Well, sometimes you need to figure things out given certain pieces of information. That's where algebra comes in. Accounting is a numbers based activity, so basic arithmetic is always there. Some of the more advanced concepts like compound interest, present value, and future value involve formulas that include exponents, so a basic grasp of exponential functions also comes into play.

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  • 3 years ago

    THE IMPORTANCE OF BUSINESS MATHEMATICS IN AN ACCOUNTING

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