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Sandefur, James T. | 1 |
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Kost, Frank – Journal of Computers in Mathematics and Science Teaching, 1991
Presented is an interactive PASCAL computer program that computes the true mortgage interest rate. The half-interval technique, a method from numerical analysis, is incorporated into the program algorithm to approximate a solution of a continuous function on a closed interval. (JJK)
Descriptors: College Mathematics, Computer Assisted Instruction, Higher Education, Interest (Finance)

Sandefur, James T. – Mathematics Teacher, 1992
Discusses the use of technology in solving compound interest-rate problems that can be modeled by linear relationships. Uses a graphing calculator to solve the specific problem of determining the amount of money that can be borrowed to buy a car for a given monthly payment and interest rate. (MDH)
Descriptors: Computer Assisted Instruction, Credit (Finance), Equations (Mathematics), Graphing Calculators