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200  Words DiscussionIndividuals and businesses often use

200  Words DiscussionIndividuals and businesses often use math to help solve problems or to provide information when planning for future expenditures. For example, if your landlord were to let you know that there will be an 8% increase in rent when your lease renews, you could use math to determine how much more you would have to earn – or how much you would have to reduce spending on other expenses – to cover the additional cost. Describe an example of how you have used math to solve problems and provide information when planning a purchase. Why is it important to keep track of deposits, withdrawals, payments, fees, and the current balance available for a bank account? If a person keeps track of their bank account, why would they need to prepare a reconciliation of their account against the bank statement?

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