# Mathematics is used in most aspects of daily life.

recorded in the Company accounts and quite often involve very large sums of money. So for example, you need to be able to estimate the effect of changing numbers in the accounts when trying to work out your expected performance for next year. Also businesses rely heavily on using percentages, in particular anyone who works as a sales person will need to be quick at mental arithmetic, approximation and in working out percentages. The more percentage discount you give a customer when you sell them a product, the less profit your company will make (and quite often the less you will be paid!) so it really does pay to know your math. If you work as a sales assistant in many stores you now need to have the ability to calculate the cost of goods and change the customers require without using the till. Businesses like to know that you can cope if the machines break down and also they believe that you can give better customer service if you can respond to customers who know their mathematics. This is the stuff of letters which often appear in local newspapers as "…I bought 2 of the same item at Shop priced at Rs3.00, and gave the young sales assistant a Rs10 note and a Rs1 coin expecting to get a Rs5 note as change and do my bit to help prevent the store from running out of change in the till. To my amazement the sales assistant insisted that I had paid too much, I tried to explain to no avail but in the end reluctantly took back my Rs1 coin and was given 4 more Rs1 coins as change. Finally, there are jobs around where you can escape from using any math at all - refuse collector, builder's laborer, farm hand etc. However, when you invest your hard earned cash in the bank or building society or get a loan - how do you know that

you are not being ripped off? You need to use math to calculate compound interest rates (to see how much your savings can grow). You also need to use math to understand the monthly percentages, which are added to your credit cards or bank loans, or you could end up paying Rs10,000 in 5 year’s time for borrowing Rs2,000 today! This is a good reason to understand mathematics

Criticism on mathematics Mathematics is not a closed intellectual system, in which everything has already been worked out. There is no shortage of open problems. Mathematicians publish many thousands of papers embodying new discoveries in mathematics every month. Mathematics is not numerology, nor is it accountancy; nor is it restricted to arithmetic. Pseudomathematics is a form of mathematics-like activity undertaken outside academia, and occasionally by mathematicians themselves. It often consists of determined attacks on famous questions, consisting of proofattempts made in an isolated way (that is, long papers not supported by previously published theory). The relationship to generally accepted mathematics is similar to that between pseudoscience and real science. The misconceptions involved are normally based on misunderstanding of the implications of mathematical rigor; attempts to circumvent the usual criteria for publication of mathematical papers in a learned journal after peer review, often in the belief that the journal is biased against

the author; lack of familiarity with, and therefore underestimation of, the existing literature. The case of Kurt Heegner's work shows that the mathematical establishment is neither infallible, nor unwilling to admit error in assessing 'amateur' work. And like astronomy, mathematics owes much to amateur contributors such as Fermat and Mersenne.‘Modern mathematics’ is indeed boring and devoid of meaning in most papers. That’s why I stick to reading the works of the greats like von Neumann, Wiener, Einstein, and hosts of others. What made them great? They explain things, and then go on to carry out tremendously complicated calculations. I think the advent of calculators and numerical methods has hurt the advance and understanding of math to a large degree. However, on the flip side, new symbolic methods allow computations, which are a great, help and lead to new relations not previously seen, so maybe there is hope yet. But, apart from that fact, I wouldn’t say modern mathematics is particularly boring. In fact, I think it’s the second most exciting thing in the universe! The first is, of course, the mathematics of the future. The problem is just that most writers of mathematics succeed, against all odds, at making the subject seem boring. They’ve developed a lot of methods for doing this. One is to make the results hard to understand. Another is to not provide enough contexts for people to see why the results are interesting. A third is to write in a style that has all the drama and flair of overcooked porridge.

References
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Contemporary Mathematics for Business and Consumers, By Brechner, Robert. (2006). The Role of Mathematics in Business Decisions. By Stephen F Keating - 1973 THE ROLE OF MATHEMATICS AND LOGIC

By Kenneth Ewart Boulding 1971 • THE ROLE OF MATHEMATICS IN ECONOMICS Journal of Political Economy, 56, 3 (June 1948): 187-199.