| [00:00.30] | |
| [00:00.31] | Since Roman times, Europeans had been struggling to do simple arithmetic with these |
| [00:12.07] | The Hindu or Arabic numerals made all kinds of calculation easier |
| [00:26.19] | In particular, Fibonacci showed how the new methods of calculation could be applied to commercial bookkeeping |
| [00:32.69] | to currency conversions and, crucially, to the computation of interest |
| [00:38.17] | Just imagine trying to work out percentages in Roman numerals |
| [00:42.70] | Fibonacci's Liber Abaci made it child's play |
| [00:48.16] | This was to be the application of mathematics to making money |
| [00:54.60] |
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