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Financial calculations - Coggle Diagram
Financial calculations
Basic Financial Concepts
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Polynomial: they are 2 or more algebraic expressions (with different literal part) that are being added or subtracted
Completos
A polynomial is complete with respect to a letter when it contains all the consecutive elements of a letter from the highest to the lowest
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Financial analysis
Work capital Management
An equation is an equality between 2 quantities or expressions for example: a = b; a + b = c; (ad -b) / e = f an equation with an unknown is one that only has one letter (unknown quantity because we do not yet know how much it is worth, unlike numbers); it does not matter how many times the letter is repeated as long as it is only the same letter
Solving equations with grouping signs: first we must suppress the grouping signs considering the law of signs, and if there are several groups, we develop the groupings from the inside out
Solving equations with indicated products: first the indicated products are carried out and then the general procedure is followed
Problem solving must be done mathematically, and then perform the corresponding operations to find the value of the unknown