Fractions are not just part of math problems; you will deal with them on a daily basis. When cooking, you will need to be able to determine how much is a half cup or a full cup when the only measuring cup you have is a quarter cup. While you are driving, calculate how far along you are on a specific road by dividing the number of miles you've driven by the total mileage you are expected to be on that particular road.
You will encounter percentages on a regular basis when making financial decisions. Determining how much you can save by getting an interest rate that is lower with a longer payment plan than a higher interest rate on a shorter period of time will contribute to fiscally sound decisions. Being able to calculate percentages can also help you with time management, determining how long you need each day to complete certain tasks such as studying or working on a long-term project in the office.
Learning how to measure accurately will come in handy for many household projects. It can help you determine how much paint or wallpaper you will need for your walls. Being able to calculate measurements accurately will allow you to determine if you have enough space in your home for the furniture that you are planning on purchasing.
Certain financial offers are best compared when calculating them back to present value. As an example, if one job offers you a lower annual salary, but after five years offers a bonus of $25,000, you will need to convert that to present value to compare it against jobs with higher annual salaries without the bonus. This is also true when comparing stock purchases that pay out predetermined dividends on a yearly basis, known as income stocks.