Answer the following questions.
1.
What do you understand by a number system?
2.
Differentiate between face and place value.
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Answer the following questions.
1.
What do you understand by a number system?
2.
Differentiate between face and place value.
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Answer:
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Explanation:
A numeral system (or system of numeration) is a writing system for expressing numbers; that is, a mathematical notation for representing numbers of a given set, using digits or other symbols in a consistent manner. ... The number the numeral represents is called its value.
2. Face value is typically an arbitrary number set by the issuer, which is usually indicated on the company's balance sheets. The face value, while arbitrary in appearance, is determined by the company so that they can get real numbers for growth and projected needs.