According to the Department of Education’s National Assessment of Adult Literacy, U.S. adults are terrible at solving real-world math problems, like calculating tips or comparing prices in grocery stores. Some dismal results:
*Only 42 percent were able to pick out two items on a menu, add them, and calculate a tip.
*Only 1 in 5 could reliably calculate mortgage interest.
*1 in 5 could not calculate weekly salary when told an hourly pay rate.
*Only 13 percent were deemed “proficient.” Worse yet, only 1 in 10 women, 1 in 25 Hispanics and 1 in 50 African Americans made the grade.
*Americans are terrified of numbers when it counts most: 20 million Americans pay someone to file their 1040EZ, a one-page tax form with around 10 blanks to fill out.
| — |
Why American consumers can’t add - The Red Tape Chronicles - msnbc.com (via tedr) Sawickipedia: 1 in 5 could calculate mortgage interest?!?!? No way. I wouldn’t even lay odds on 1 in 100. Amortization calculations require calculus and some corporate finance understanding. |
-
inquisitoria liked this
-
pronouncedis liked this
-
hardcoresexnerds liked this
-
bdsmcuteuniforms liked this
-
latexcrazycheerleaders liked this
-
jealousdispu liked this
-
sawickipedia reblogged this from tedr
-
steph reblogged this from tedr
-
steph liked this
-
tedr posted this
