Used to count objects - start at 1 and continue forever
N={1; 2; 3; 4; 5;...}
Whole Numbers
When the number 0 is included.
BODMAS
Brackets
Operations
Division and Multiplication [Left to Right]
Addition and Subtraction [Left to Right]
The Commutative Property
'Move Around'
ONLY WORKS WITH ADDITION AND MULTIPLICATION
The Associative Property
'Group'
ONLY WORKS FOR ADDITION AND MULTIPLICATION
The Identity Property of Zero
Add/subtract 0 to from any number and it will be that number.
The Identity Property of One
Any number multiplied/divided by one, the result will be that number.
The Multiplication Property of Zero
Any number multiplied by zero will equal to zero.
The Division Properties of Zero
Property 1:
Dividing zero by any non-zero number is equal to zero.
Property 2:
Dividing any number by zero is undefined
Factor
Divides a number exactly without leaving any remainder
Prime Numbers
Have exactly 2 factors; 1 and the number itself
Composite Numbers
Have more than 2 factors.
Note:
1 is neither a prime number nor a composite number = it is a universal factor.
Power Notation
Writing the product of repeated numbers in a compacted form.
BASE: The number that is multiplied various times.
EXPONENT: The number of times the base occurs in the product.
POWER: Consists of the base with its exponent.
Prime Factorization of Numbers
Express numbers with 2/more digits as products of prime factors.
Finding the Highest Common Factor (HCF)
Finding the Lowest Common Multiple (LCM)
Ratio
Compare two/more quantities; tells us how much of one thing there is compared to another thing.
Ratios:
1:6 and 4:24 are equivalent ratios
Writing ratios in simplest form: find the HCF then divide each number in the ratio by the HCF.
Part-to-Part ratios
Relationship between two or more distinct groups of things.
Part-to-Whole Ratios
Provide the relationship between different ratio parts and the whole population of parts.
Increasing or Decreasing Quantities in a given ratio
DecreasingQuantities
Rates
Is a ratio of 2 quantities that have different units of measurement.
e.g. 120 km : 2 hours
Percentage:
Fraction with a denominator of 100
Decimal form
Ratio = compares a number to 100
'of' = multiply
Profit
Difference between the income received from sales and the amount spent in buying, operating, or producing something.
Loss
Income received is less than the costs.
Discount
Amount/percentage deducted from the normal selling price
VAT (Value-added Tax)
Money that a business must pay to SARS for income received from the sales. SA = VAT rate is 15%
Simple Interest and Hire Purchase Loans
Money borrowed = pay back with interest.
Simple Interest and Hire Purchase Loans
Invest money = interest can be earned.
Simple Interest and Hire Purchase Loans
Simple Interest = calculated as a fixed percentage of amount borrowed/invested -> per year/annum.
Simple Interest and Hire Purchase Loans
Original amount is known as the principle amount/capital.
Simple Interest and Hire Purchase Loans (Formulas)
Simple Interest = r x P x t
Total Amount = P + simple interest
P = Principal
r = interest rate
t = number of time periods
Hire Purchase Loan (Agreement)
Purchase expensive items without having to pay the full amount at the time of purchase. Make an initial down payment (deposit) and pay balance plus simple interest in monthly instalments over a specified time.
Exchange Rates
Currency = system of money used in a country/economic region.
Exchange rate = value of one country's currency in relation to anothercurrency.
Bitcoin = international digital currency (cryptocurrency)