Today Euan and Jamie from Corum Estate Agent visited P6 to talk about how they use Maths in their day to day job. When advising clients who are buying/selling houses, we learned that they need to work out running costs, calculate interest etc. Mental maths plays a big part in an estate agent’s job as they often need to calculate costs on the spot.
Euan is lucky enough to run his own business, so he taught us about some of the budgeting that he does day to day. For example he has to pay rent, pay his staff, pay tax etc. It is important that his earnings are higher than his spenditure, otherwise his business would go into debt.