Do you like mathematics ? - Page 4

Levonian · 05-14-2006, 04:25 PM

Quote:

Originally Posted by Endymion

Finance and Economics go hand-in-hand! I'd think that Finance folks should have higher mathematics. They get it later on -- if you have a Doctor of Business Administration degree, you really better know how to crunch numbers.

Yes, I already knew that. This guy is my first cousin. He’s the smartest one in the family—scored in the top one-half of one percent on his SAT’s. I remember him talking about all the math classes he had to take as an undergrad—made my blood curdle.

kalboy · 05-14-2006, 09:05 PM

Quote:

Originally Posted by Y

Someone else and I had a little arguement today
about the numbers...

For example, I have to pay maintenance fees
for $380 every month but
they will increase three percent (3%) every year.

Next year it will be about $391.14.
Three percent (3%)
out of $380 equal to $11.40 plus 380 = $391.14
However....
We tried to figure out 25 years later it will be
about $500 every month.

Correct or Wrong ?

Wrong. It will be 795.63....

Future value = present value x ( 1 + interest rate in %) ^ Number of years

kalboy · 05-14-2006, 09:07 PM

Quote:

Originally Posted by Levonian

I got an ‘A’ in honors statistics, but not without a lot of skull sweat. For one of my semester projects I demonstrated mathematically that men lie about the size of their penis. That may seem like a no-brainer, but most people would probably be surprised at the results I obtained. I discovered that men do lie about the size of their whackers, but not by much. The degree of exaggeration is not as great as most people would probably think it is.

your link expired. can you post it again? i wonder what it has to do with statistics....

kalboy · 05-14-2006, 09:14 PM

Quote:

Originally Posted by Endymion

I'd think that Finance folks should have higher mathematics. They get it later on -- if you have a Doctor of Business Administration degree, you really better know how to crunch numbers.

perhaps this article will amuse you about finance people =) http://www.leveragedsellout.com/2006/02/shitshow.html

Levonian · 05-14-2006, 09:43 PM

Quote:

Originally Posted by kalboy

your link expired. can you post it again? i wonder what it has to do with statistics....

Done.

starrygaze · 05-15-2006, 11:46 AM

yeah you are right.. good job

kalboy · 05-15-2006, 06:36 PM

Quote:

Originally Posted by Levonian

Done.

haha very interesting.. good job...

Demise · 06-02-2006, 01:34 AM

Quote:

Originally Posted by Nesmuth

The highest I done is Combinatorics.

It was a good adventure up there

Richard

Only highest I have done is Calculus. I heartly dislikes Statistics. When it comes with word problems, may God have mercy on me.

Y · 06-02-2006, 01:31 PM

Quote:

Originally Posted by kalboy

Wrong. It will be 795.63....

Future value = present value x ( 1 + interest rate in %) ^ Number of years

Kalboy, Thank u so much for the formula ...

Since my calculator does NOT have ^,
then what should I do ?

sr171soars · 06-02-2006, 01:47 PM

Quote:

Originally Posted by Y

Kalboy, Thank u so much for the formula ...

Since my calculator does NOT have ^,
then what should I do ?

The ^ represents exponents (as in X to the Nth power). It should look something like this Xn (with the n higher than the X but the n smaller in size) on your calculator. Most decent ones have that...unless it is a very simple one.

Y · 06-02-2006, 01:51 PM

Quote:

Originally Posted by sr171soars

The ^ represents exponents (as in X to the Nth power). It should look something like this Xn (with the n higher than the X but the n smaller in size) on your calculator. Most decent ones have that...unless it is a very simple one.

I have a very simple one with me

Maria · 06-02-2006, 02:10 PM

Yeah, I like math only in basic, just simple one -- but, really I am not 100% very good at it. Oh, well ....

sr171soars · 06-02-2006, 02:46 PM

Quote:

Originally Posted by Y

I have a very simple one with me

Er...you can still use the windoze scientific calculator on your desktop or laptop. If you have any flavor of linux, they have calculators too.

Levonian · 06-02-2006, 02:54 PM

Quote:

Originally Posted by sr171soars

Er...you can still use the windoze scientific calculator on your desktop or laptop. If you have any flavor of linux, they have calculators too.

Where can I get one? The only one I know about is the 4-function calculator that is built into Windows.

Cousin Vinny · 06-02-2006, 03:21 PM

Quote:

Originally Posted by Levonian

Where can I get one? The only one I know about is the 4-function calculator that is built into Windows.

In the Calculator program, select the top menu item, 'View', and then select 'Scientific' in the submenu.

Levonian · 06-02-2006, 03:30 PM

I never knew that!

Thanks, I owe you one.

Y · 06-02-2006, 04:57 PM

Wow I am shocked ! After I tried this calculator (scientific)
on this desktop, I just got this exact answer:

795.63561326860160999646565954271

That means I pay $795.64 in year 2031 (25 years later !)
as compared to today $380
Wow...

Thanks to All !! AWESOME !!!

Reason why I am so shocked because I actually
thought that 3 percent is a very small amount but
I was wrong especially in the long term ahead...
Again thanks !!!

Endymion · 06-02-2006, 06:24 PM

Lol, Kalboy. I loved that piece!

By the way, for those of you talking about calculators and money, try the Texas Instruments Business Analyst II Plus:

The calculator is about thirty bucks and it'll do most of your basic financial math for you. You just punch in numbers and tell the calculator to solve. Life is easy.

Bluerobin · 06-02-2006, 07:09 PM

Math like calculus irritates me because I see no point in it at all...I loathe doing it and seeing a 10 page math problem terrifies me...I use the "other" side of my brain" more anyways..I'm artsy and love to read and write.

Seattle.guy · 06-02-2006, 08:06 PM

I like math, because I enjoy solving difficult math problems. I already took Trignometry, Pre-calculus, and Calculus courses at a college. However, I forgot little bit, because I haven't solved difficult math problems for about 10 years. I am thinking about taking a Calculus refresher course someday...

View Poll Results: What do you think of math ?
I love it	26	36.11%
I like it a little but not much	19	26.39%
I'm not interested	2	2.78%
I hate it	23	31.94%
I have really no idea	1	1.39%
Other	1	1.39%
Voters: 72. You may not vote on this poll

05-15-2006, 11:46 AM	#96 (permalink)
starrygaze Sundog Join Date: Sep 2005 Location: Shinar (Sumer) Posts: 2,320	yeah you are right.. good job __________________

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06-02-2006, 02:10 PM	#102 (permalink)
Maria My love and I Join Date: Jan 2004 Location: FLORIDA Posts: 8,718	Yeah, I like math only in basic, just simple one -- but, really I am not 100% very good at it. Oh, well ....

06-02-2006, 03:30 PM	#106 (permalink)
Levonian Rattus Norvegicus Join Date: Sep 2003 Location: Research facility. Posts: 3,829	I never knew that! Thanks, I owe you one.

06-02-2006, 04:57 PM	#107 (permalink)
Y Registered User Join Date: Mar 2003 Posts: 3,113	Wow I am shocked ! After I tried this calculator (scientific) on this desktop, I just got this exact answer: 795.63561326860160999646565954271 That means I pay $795.64 in year 2031 (25 years later !) as compared to today $380 Wow... Thanks to All !! AWESOME !!! Reason why I am so shocked because I actually thought that 3 percent is a very small amount but I was wrong especially in the long term ahead... Again thanks !!!

06-02-2006, 06:24 PM	#108 (permalink)
Endymion All but haute couture Join Date: Dec 2005 Location: Somewhere within the geographical proximity of sanity. Posts: 1,382	Lol, Kalboy. I loved that piece! By the way, for those of you talking about calculators and money, try the Texas Instruments Business Analyst II Plus: The calculator is about thirty bucks and it'll do most of your basic financial math for you. You just punch in numbers and tell the calculator to solve. Life is easy.

06-02-2006, 07:09 PM	#109 (permalink)
Bluerobin Queen of the Damned Join Date: Feb 2006 Location: USA Posts: 105	Math like calculus irritates me because I see no point in it at all...I loathe doing it and seeing a 10 page math problem terrifies me...I use the "other" side of my brain" more anyways..I'm artsy and love to read and write.

06-02-2006, 08:06 PM	#110 (permalink)
Seattle.guy Registered User Join Date: Mar 2006 Location: West Coast Posts: 1,367	I like math, because I enjoy solving difficult math problems. I already took Trignometry, Pre-calculus, and Calculus courses at a college. However, I forgot little bit, because I haven't solved difficult math problems for about 10 years. I am thinking about taking a Calculus refresher course someday...