NotesFAQContact Us
Collection
Advanced
Search Tips
50 Years of ERIC
50 Years of ERIC
The Education Resources Information Center (ERIC) is celebrating its 50th Birthday! First opened on May 15th, 1964 ERIC continues the long tradition of ongoing innovation and enhancement.

Learn more about the history of ERIC here. PDF icon

Back to results
Peer reviewed Peer reviewed
ERIC Number: EJ430503
Record Type: CIJE
Publication Date: 1991
Pages: N/A
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0731-9258
A Program Illustrating the Effects of Points on Mortgage Interest Rates.
Kost, Frank
Journal of Computers in Mathematics and Science Teaching, v10 n2 p103-06 Win 1990-91
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), Loan Repayment, Mathematics Education, Programing
Publication Type: Journal Articles; Guides - Classroom - Teacher; Computer Programs
Education Level: N/A
Audience: Teachers; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Mortgages; Numerical Analysis; Numerical Methods; PASCAL Programing Language