Finance is the branch of both mathematics and economics. It is the subject that deals with the investment and through calculations and predictions, it helps the person estimate the uncertainty and the risk that a particular investment imposes. It is through the knowledge of finance that the individual or a firm or the government is able to pull out the monetary resources from the area before the losses are incurred. Every organization from big to small needs the knowledge of finance or the financial heads to manage the cash inflow and outflow effectively and efficiently. The public finance is important for the study of the importance of the government in the national and international economy. Through finance, the political body is able to provide job opportunities to the unemployed sections of the societies and also equalizes the wages and the salaries of the public. Corporate finance is the financial knowledge required by the business enterprises to function smoothly in the market and stay ahead of its competitors. The last category of the finance knowledge is the private finance, the minimum knowledge of which every individual should have to monitor his/her personal expenditures and also to avoid being cheated in the economy.
The students who have trouble in calculations and getting the answers right are likely to run away from homework given in finance. The difficulties in the finance homework completion arise when the student is not aware of the theoretical knowledge of the practical application. The sums given to be solved as homework are a bit complicated from the ones that the student did in class which lowers the moral of the student. The silly mistakes like copying the numbers from the question wrong or reading just half of the question degrade the chances of getting the sums right. Homework, in general, is also a burden for the students which they do not enjoy finishing.
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