Literaturnachweis - Detailanzeige
Autor/inn/en | Waits, Bert K.; Demana, Franklin |
---|---|
Titel | A Hidden Case of Negative Amortization. |
Quelle | In: College Mathematics Journal, 21 (1990) 2, S.121-26Infoseite zur Zeitschrift |
Sprache | englisch |
Dokumenttyp | gedruckt; Zeitschriftenaufsatz |
Schlagwörter | Algorithms; College Mathematics; Computation; Computer Oriented Programs; Higher Education; Interest (Finance); Loan Repayment; Mathematical Applications; Mathematical Formulas; Mathematics Materials |
Abstract | The rule of 78 is used by banks and loan companies to compute the amounts due when installment loans are paid early. Describes an unexpected case of negative amortization when the rule is applied. Presents an actual problem and discusses the case. (YP) |
Erfasst von | ERIC (Education Resources Information Center), Washington, DC |
Update | 2004/1/01 |