This article proposes an in-depth mathematics analysis of simple and compound interest through an exploration of the mathematical structures underlying these concepts. Financial numeracy concepts (simple and compound interest, interest rates, interest period, present and future value, etc.) have been added to the mathematics curriculum of the…

It is proved that an integer n [greater than or equal] 2 is a prime (resp., composite) number if and only if there exists exactly one (resp., more than one) nth-degree monic polynomial f with coefficients in Z[subscript n], the ring of integers modulo n, such that each element of Z[subscript n] is a root of f. This classroom note could find use in…

A critical numeracy examination of Benford's Law suggests that our understanding of the integers is faulty. We think of them as equally likely to turn up as the first digit of a random real world number. For many real world data sets this is not true. In many cases, ranging from eBay auction prices to six digit numbers in Google to the…

One crucial issue in mathematics development is how children come to spontaneously apply arithmetical principles (e.g. commutativity). According to expertise research, well-integrated conceptual and procedural knowledge is required. Here, we report a method composed of two independent tasks that assessed in an unobtrusive manner the spontaneous…

"Number sense" is "an intuition about numbers that is drawn from all varied meanings of number" (NCTM, 1989, p. 39). Students with number sense understand that numbers are representative of objects, magnitudes, relationships, and other attributes; that numbers can be operated on, compared, and used for communication. It is fundamental knowledge…

Four hundred and three 3rd- and 5th-grade Chinese students took the Multiplication Estimation Test or participated in the interview on it, designed to assess their computational estimation performance on whole-number multiplication. Students perform better when tasks are presented visually than orally. Third graders tend to use rounding based…