Theory of indices (preliminary knowledge only formulae)

Theory of indices, also known as the laws of exponents, forms a fundamental part of algebra and arithmetic in business mathematics. Indices are shorthand notations that represent repeated multiplication of the same number.

These laws make it easier to manipulate large numbers and algebraic expressions. Understanding and applying indices is essential in business calculations such as exponential growth, depreciation, and population studies. Mastery of indices builds a strong foundation for higher mathematical concepts.

 

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