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Summa De Arithmetica
' (''Summary of arithmetic, geometry, proportions and proportionality'') is a book on mathematics written by Luca Pacioli and first published in 1494. It contains a comprehensive summary of Renaissance mathematics, including practical arithmetic, basic algebra, basic geometry and accounting, written for use as a textbook and reference work. Written in vernacular Italian, the ''Summa'' is the first printed work on algebra, and it contains the first published description of the double-entry bookkeeping system. It set a new standard for writing and argumentation about algebra, and its impact upon the subsequent development and standardization of professional accounting methods was so great that Pacioli is sometimes referred to as the "father of accounting". Contents The ''Summa de arithmetica'' as originally printed consists of ten chapters on a series of mathematical topics, collectively covering essentially all of Renaissance mathematics. The first seven chapters form a summ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luca Pacioli
Fra Luca Bartolomeo de Pacioli (sometimes ''Paccioli'' or ''Paciolo''; 1447 – 19 June 1517) was an Italian mathematician, Franciscan friar, collaborator with Leonardo da Vinci, and an early contributor to the field now known as accounting. He is referred to as the father of accounting and bookkeeping and he was the first person to publish a work on the double-entry system of book-keeping on the continent. He was also called Luca di Borgo after his birthplace, Borgo Sansepolcro, Tuscany. Several of his works were plagiarised from Piero della Francesca, in what has been called "probably the first full-blown case of plagiarism in the history of mathematics". Life Luca Pacioli was born between 1446 and 1448 in the Tuscan town of Sansepolcro where he received an abbaco education. This was education in the vernacular (''i.e.'', the local tongue) rather than Latin and focused on the knowledge required of merchants. His father was Bartolomeo Pacioli; however, Luca Pacioli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trigonometry
Trigonometry () is a branch of mathematics that studies relationships between side lengths and angles of triangles. The field emerged in the Hellenistic world during the 3rd century BC from applications of geometry to astronomical studies. The Greeks focused on the calculation of chords, while mathematicians in India created the earliest-known tables of values for trigonometric ratios (also called trigonometric functions) such as sine. Throughout history, trigonometry has been applied in areas such as geodesy, surveying, celestial mechanics, and navigation. Trigonometry is known for its many identities. These trigonometric identities are commonly used for rewriting trigonometrical expressions with the aim to simplify an expression, to find a more useful form of an expression, or to solve an equation. History Sumerian astronomers studied angle measure, using a division of circles into 360 degrees. They, and later the Babylonians, studied the ratios of the s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of St Andrews
(Aien aristeuein) , motto_lang = grc , mottoeng = Ever to ExcelorEver to be the Best , established = , type = Public research university Ancient university , endowment = £117.7 million (2021) , budget = £286.6 million (2020–21) , chancellor = The Lord Campbell of Pittenweem , rector = Leyla Hussein , principal = Sally Mapstone , academic_staff = 1,230 (2020) , administrative_staff = 1,576 , students = () , undergrad = () , postgrad = () , doctoral = , other = , city = St Andrews , state = , country = Scotland , coordinates = , campus = College town , colours = United College, St Andrews St Mary's College School of Medicine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logarithm
In mathematics, the logarithm is the inverse function to exponentiation. That means the logarithm of a number to the base is the exponent to which must be raised, to produce . For example, since , the ''logarithm base'' 10 of is , or . The logarithm of to ''base'' is denoted as , or without parentheses, , or even without the explicit base, , when no confusion is possible, or when the base does not matter such as in big O notation. The logarithm base is called the decimal or common logarithm and is commonly used in science and engineering. The natural logarithm has the number e (mathematical constant), as its base; its use is widespread in mathematics and physics, because of its very simple derivative. The binary logarithm uses base and is frequently used in computer science. Logarithms were introduced by John Napier in 1614 as a means of simplifying calculations. They were rapidly adopted by navigators, scientists, engineers, surveyors and oth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Future Value
Future value is the value of an asset at a specific date. It measures the nominal future sum of money that a given sum of money is "worth" at a specified time in the future assuming a certain interest rate, or more generally, rate of return; it is the present value multiplied by the accumulation function. Accessed: 2011-04-14. Archived by WebCite® ) The value does not include corrections for inflation or other factors that affect the true value of money in the future. This is used in |
Rule Of 72
In finance, the rule of 72, the rule of 70 and the rule of 69.3 are methods for estimating an investment's doubling time. The rule number (e.g., 72) is divided by the interest percentage per period (usually years) to obtain the approximate number of periods required for doubling. Although scientific calculators and spreadsheet programs have functions to find the accurate doubling time, the rules are useful for mental calculations and when only a basic calculator is available. These rules apply to exponential growth and are therefore used for compound interest as opposed to simple interest calculations. They can also be used for decay to obtain a halving time. The choice of number is mostly a matter of preference: 69 is more accurate for continuous compounding, while 72 works well in common interest situations and is more easily divisible. There are a number of variations to the rules that improve accuracy. For periodic compounding, the ''exact'' doubling time for an interest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christie's
Christie's is a British auction house founded in 1766 by James Christie. Its main premises are on King Street, St James's in London, at Rockefeller Center in New York City and at Alexandra House in Hong Kong. It is owned by Groupe Artémis, the holding company of François-Henri Pinault. Sales in 2015 totalled £4.8 billion (US$7.4 billion). In 2017, the ''Salvator Mundi'' was sold for $400 million at Christie's in New York, at the time the highest price ever paid for a single painting at an auction. History Founding The official company literature states that founder James Christie (1730–1803) conducted the first sale in London, England, on 5 December 1766, and the earliest auction catalogue the company retains is from December 1766. However, other sources note that James Christie rented auction rooms from 1762, and newspaper advertisements for Christie's sales dating from 1759 have also been traced. After his death, Christie's son, James Christie the Younger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balance Sheet
In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a Partnership, business partnership, a corporation, private limited company or other organization such as Government financial statements, government or Nonprofit organization, not-for-profit entity. Assets, liability (financial accounting), liabilities and Equity (finance), ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. A standard company balance sheet has two sides: assets on the left, and financing on the right–which itself has two parts; liabilities and ownership equi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trial Balance
A trial balance is a list of all the general ledger accounts (both revenue and capital) contained in the ledger of a business. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will hold either a debit balance or a credit balance. The debit balance values will be listed in the debit column of the trial balance and the credit value balance will be listed in the credit column. The trading profit and loss statement and balance sheet and other financial reports can then be produced using the ledger accounts listed on the same balance. History The first published description of the process is found in Luca Pacioli's 1494 work ''Summa de arithmetica'', in the section titled ''Particularis de Computis et Scripturis''. Although he did not use the term, he essentially prescribed a technique similar to a post-closing trial balance. Usage The purpose of a trial balance is to prove that the value of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghent University
Ghent University ( nl, Universiteit Gent, abbreviated as UGent) is a public research university located in Ghent, Belgium. Established before the state of Belgium itself, the university was founded by the Dutch King William I in 1817, when the region was incorporated into the United Kingdom of the Netherlands after the fall of First French Empire. In that same year, he founded two other universities for the southern provinces as well, alongside Ghent University: University of Liège and State University of Leuven. After the Belgian revolution of 1830, the newly formed Belgian state began to administer Ghent University. In 1930, UGent became the first Dutch-speaking university in Belgium. Previously, French (and, even earlier, Latin) had been the standard academic language in what was ''Université de Gand''. In 1991, it was granted major autonomy and changed its name accordingly from ''State University of Ghent'' ( nl, Rijksuniversiteit Gent, abbreviated as ''RUG'') to its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hindu–Arabic Numeral System
The Hindu–Arabic numeral system or Indo-Arabic numeral system Audun HolmeGeometry: Our Cultural Heritage 2000 (also called the Hindu numeral system or Arabic numeral system) is a positional decimal numeral system, and is the most common system for the symbolic representation of numbers in the world. It was invented between the 1st and 4th centuries by Indian mathematicians. The system was adopted in Arabic mathematics by the 9th century. It became more widely known through the writings of the Persian mathematician Al-Khwārizmī: "Historians have speculated on al-Khwarizmi's native language. Since he was born in a former Persian province, he may have spoken the Persian language. It is also possible that he spoke Khwarezmian, a language of the region that is now extinct." (''On the Calculation with Hindu Numerals'', ) and Arab mathematician Al-Kindi (''On the Use of the Hindu Numerals'', ). The system had spread to medieval Europe by the High Middle Ages. The system is base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liber Abaci
''Liber Abaci'' (also spelled as ''Liber Abbaci''; "The Book of Calculation") is a historic 1202 Latin manuscript on arithmetic by Leonardo of Pisa, posthumously known as Fibonacci. ''Liber Abaci'' was among the first Western books to describe the Hindu–Arabic numeral system and to use symbols resembling modern "Arabic numerals". By addressing the applications of both commercial tradesmen and mathematicians, it promoted the superiority of the system, and the use of these glyphs. Although the book's title has also been translated as "The Book of the Abacus", writes that this is an error: the intent of the book is to describe methods of doing calculations without aid of an abacus, and as confirms, for centuries after its publication the algorismists (followers of the style of calculation demonstrated in ''Liber Abaci'') remained in conflict with the abacists (traditionalists who continued to use the abacus in conjunction with Roman numerals). The historian of mathematics Car ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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