This is a great starting point! It’s not that different from having two different spatial dimentions: (almost) all of the basic algebra still works. I believe this is often the starting point for teaching complex numbers to avoid confusion, ease students in: you start with what you are familiar with, go over the rules that still work as before.
But the biggest difference is when defining products. The product for (ax + by) *(cx+dy) is not really defined, if we consider x and y separate spatial dimensions. But (an + bi) *(cn+di) is defined. If you consider that n=1, the real unit, this simplifies to (a + bi) *(c+di) = ac +(ad+bc)i + bd*i^2, and since we have defined i as the square root of -1, then also i^2 = -1, so
= ac + (ad+bc)i -bd = ac-bd + (ad +bc)i
This is pretty much the only major difference from just having a separate spatial dimension. But this very basic rule of i^2 = -1 and products being defined adds a ton of useful tools to algebra. This is quite typical in mathemathics: you add a simple rule, which might seem almost non-consequential, but it interacts with the pre-existing system in various, interesting and useful ways.
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