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Reflection on Algebra

Write a statement reflecting on your appreciation for algebra and how it can be applied to a real situation to your chosen career (accounting & finance). Support your statement with examples of applications.

Solution Preview

I am assuming that you need some direction on how to complete this assignment.

I would suggest thinking on the ways that you have used algebra in your accounting classes.

A.

Algebra could be figuring out the new cost of an item that is on sale (percentages) or calculating the profit made by a company (profit = revenue - cost). Most relationships that can be written as an equation would involve algebra.

B.

Another idea is to use the Internet and your school library. I googled "algebra in accounting" and the following sites came up.

1. ...

Solution Summary

This solution assists the student with writing a statement of reflection on algebra and its usefulness in real world situations, including specific examples of algebra's real world applicability.

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