![]() The second section explains the uses of Arabic numerals in business, for example converting different currencies, and calculating profit and interest, which were important to the growing banking industry. Replacing the Roman numeral system, its method, and using an for calculations, with an Arabic numeral system, was an advance in making business calculations easier and faster, which led to the growth of banking and accounting in Europe. The 1228 edition, first section, introduces the Arabic numeral system and compares the system with other systems, such as Roman numerals, and methods to convert the other numeral systems into Arabic numerals. No copies of the 1202 edition are known to exist. ![]() The book was well received throughout educated Europe and had a profound impact on European thought. ![]() The book showed the practical use and value of the new Arabic by applying the numerals to commercial, converting weights and measures, calculation of interest, money-changing, and other applications. ![]()
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