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A Case Study On Business Mathematics - Assignment Point
A Case Study On Business Mathematics - Assignment Point
Assignment Annual Report Article Biography Case Study Essay Internship Lecture Letter Paragraph Presentation Report Research Resume Term Paper Thesis
As, we know he is not well-educated, he does not know mathematical application in Case Study on Object Modeling
judging profitability of business. He lacks knowledge about his business’s selling
Current Status in Bangladesh of
targets against the cost of the products to be sold. For this, he needs break even
Drug Abuse
analysis. Using the analysis he will be acknowledged of the point of selling where
the cost and revenue will be equal and after that sale, any additional sale will make Environmental Study of the River
profit. This analysis will help him to set more reliable target of sales. He will also be Buriganga
able to extend future purchase and sale.
Before break even analysis Mr. Islam needs to calculate his cost of goods perfectly.
Subject
An important part of cost and expenditure is the yearly depreciation of the furniture
and the equipment used in the business. As Mr. Islam lacks education he has little Accounting
knowledge on use of mathematics in valuation of depreciation. To find depreciated
Agriculture
value easily and correctly, arithmetic progression (AP) is applied in the solution of
the case. It relives a businessman from just assuming depreciation without proper Architecture
knowledge. Arts
The use of log in calculation eases the complicated tasks in business accounting. Banking
The presentation of logarithm in calculating compound interest of loan reveals its Biography
utility.
Biology
These described terms are presented in the solution of the case of Mr. Islam on
Business
application of mathematics in business.
Business Mathematic
APPLICATION OF ARITHMATIC PROGRESSION IN THE CASE
Business Statistics
Mr. Islam has bought a photocopier machine for his business by taking loan from a Chemistry
finance company. To find out the depreciated value and other things we used AP in
Computer
this case study.
Economics
An Arithmetic Progression (AP) is a sequence whose term increase or decrease by
a constant number calls the common difference. A series in AP does become an EEE
additive series in which the common difference can be found by subtracting each
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