Question

Describe a situation where you would use the order of operations with money in your daily life.

Answer 1

You go to a cafe with your two friends. You are treating them, and you are all having milk and a cinnamon bagel.

That is one such situation. How is the order of operations important? Work out the bill.

Answer 2

How about calculating compound interest

CI = P * {(1+ R/100)^N}

P = Principal

R = Rate of interest

N = No. of years

CI is the compound interest generated

So you first go for the bracket
(1+ R/100) ---- B

then do the "^N" --- O

and then finally multiply by "P"---M

we follow BODMAS

Bracket, Order, Division, Multiplication, Addition, Substraction