SECTION B: FIVE QUESTIONS BASED ON FIVE CONTENT AREA OUESTION 2: FINANCLAL MATHEMATICS QUESTION 3: NUMBER SYSTEMS QUESTION 4: EXPONENTS AND SCIENTIFIC NOTATION
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The Deep Dive
Did you know that the concept of financial mathematics dates back to ancient civilizations? Babylonians used early forms of accounting and interest calculations around 3000 BC, meticulously documenting transactions that laid the groundwork for modern finance. Fast forward to today, and financial mathematics forms the backbone of banking, investment, and even our everyday budgeting, making it as vital as ever! If you’ve ever felt overwhelmed by the number systems, you're not alone! A common mistake is confusing rational numbers (which can be expressed as fractions) with irrational numbers (which cannot). To avoid this pitfall, visualize them using number lines or graphs! Also, always remember that the real numbers consist of both rationals and irrationals, so embrace the full spectrum of the number world!
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