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2007-02-27 21:46:43 · 6 answers · asked by Anton 1 in Science & Mathematics Mathematics

6 answers

A certain amount of knowledge about limits and calculus has led me to wonder why savings accounts never pay interest compounded continuously. This is the fairest way to calculate interest. They would not need different rates for different frequencies of compounding, and if the interest was left in the account it would make no difference how often it was added into the account. However, not having the interest added until you closed the account probably wouldn't be acceptable to the taxman, as he'd be waiting a long time for his cut.

2007-02-27 23:04:31 · answer #1 · answered by Anonymous · 0 0

It all depends on what you *do* in everyday life. And learning Calculus (along with the rest of a college education) is supposed to help so that you don't have to make a career out of saying, "Would you like an order of fries with that?" (Which certainly doesn't require much Calculus ☺)


Doug

2007-02-27 22:01:20 · answer #2 · answered by doug_donaghue 7 · 0 1

In many different ways. When you are dealing with problem solving skills that represents the positive or negative change of a numerical value, the rate of change can easily be determined through calculus. I have used caluclus in various jobs through the past, retail sales, coffee shops, restaraunts, bartending, computer office work. If you are interested in physics and other sciences, they are much easier with calculus.

2007-02-27 21:58:20 · answer #3 · answered by Digital Olive 2 · 0 1

You expect to use calculus in everyday life???

Quick tip: Unless you're becoming a Maths Teacher or an Architect or anything like that, you won't

2007-02-27 21:49:57 · answer #4 · answered by Nerdling from Down Under 2 · 1 4

from indusrty to banking,from home appliances to trade, from marketing to fianance, and many other ways, the best examples are ratios and uses of different goods such as in kitchen and home budget etc

2007-02-27 22:08:55 · answer #5 · answered by Anonymous · 0 1

it is useful to determine the diminishing rate of marbles i can shove up my nose

2015-08-28 12:59:10 · answer #6 · answered by John 1 · 1 0

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