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Parramore, Keith – Teaching Mathematics and Its Applications: An International Journal of the IMA, 2011
Teaching mathematics associated with the repaying of loans has always been an awkward task--it seems superficially easy, but it contains pitfalls both for the learner and for the unwary teacher. This short article reviews some of the mathematics, and notes an interesting result.
Descriptors: Mathematics Instruction, Mathematics, Mathematics Education, Loan Repayment