Foreign Exchange
a) As the AUD is gaining value (buying power) and the EUR is losing value over time, June is in an excellent position with her European suppliers granting her a 60-day credit period and her Australian customers paying on 30-day credit terms: the AUD she receives in payment within 30 days will be worth more in EUR 30 days later, when her own payments are due, meaning she will save money.
b) One hedging strategy June could employ to shield against movements in either direction by either currency would simply be to shorten credit terms with suppliers and customers, paying as soon as bills were in and collecting as fast as possible, in a currency-swap type scenario. This has other business implications...
Mathematics in Digital Photography The advances in both digital photography and computing have allowed more detailed and complex images to be shown on more realistic media than was ever previously possible. Through the use of more specialized equipment and digital imaging techniques the resulting photos of even the most novice user today can rival those of professionals from years before. This level of photographic precision could never have been achieved were
if, as Halmos suggests, math is a creative art then math must also be the handmaid of science. Describing mathematics as a creative art helps students of math better understand the true roles of the mathematician. Numbers, while in many ways central to the art of math, do not comprise the whole lexicon of mathology. Mathematics does stem from "sheer pure intellectual curiosity," enabling students to perceive the world through
Balacheff (1987) described four levels of justification, which are those as follows: (1) Native empiricism; 2) Crucial experiment; 3) Generic example; and 4) Thought experiment. (Taflin, nd) Naive empiricism is stated to be "an assertion based on a small number of cases." (Taflin, nd) Crucial experiment is stated to be "an assertion based on a particular case, but the case was used as an example of a class of objects." (Taflin, nd) the
Islamic art not only demonstrates the symbolic significance of geometric forms and their psychological, social, religious, and aesthetic functions. In addition to these purposes, Islamic art also demonstrates symmetry. Symmetry's appeal is well-known: babies tend to favor faces with symmetrical features over those with lop-sided noses or askew eyes. Although absolute symmetry is by no means a prerequisite for beauty, symmetry is usually perceived with pleasure. The Spirograph forms, explicated
Mathematics is closely connected to economics, commerce and business modelling, as well as systems for military weapons. Due to the widespread of its use, it was noted that students in the U.S. were beginning to perform a little worse in mathematics than children from other countries worldwide. Mathematical knowledge among citizens was considered a very important factor for a country to be a leading world power. Assessment activities have been
Mathematics Concepts in Profession Mathematics Concepts in the Teaching Profession Mathematical concepts in professions My Profession and Applicable Math Concepts Mathematics is a branch of knowledge dealing with scientific notions of logical qualitative and quantitative arrangements. It extensively covers different aspects as well as having several subdivisions. It is a tool specially designed to handle and implement relative concepts, regardless of the kind of situational problem presented. Alongside the concepts, mathematics uses invented formulas
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