ERIC Number: EJ1153293
Record Type: Journal
Publication Date: 2017
Pages: 14
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0819-4564
EISSN: N/A
A Comparison of Two Types of Bank Investments
Nillsen, Rodney
Australian Senior Mathematics Journal, v31 n1 p5-18 2017
In this paper, an investment problem is investigated in terms of elementary algebra, recurrence relations, functions, and calculus at high school level. The problem comes down to understanding the behaviour of a function associated with the problem and, in particular, to finding the zero of the function. A wider purpose is not only to formulate the problem mathematically and to make necessary calculations, but to think on a wider front, and to seek insight and mathematical modes of thinking in relation to general investment strategy.
Descriptors: Comparative Analysis, Foreign Countries, Mathematics Instruction, Algebra, Calculus, Banking, Investment, Elementary School Mathematics, Secondary School Mathematics, Mathematical Formulas
Australian Association of Mathematics Teachers (AAMT). GPO Box 1729, Adelaide 5001, South Australia. Tel: +61-8-8363-0288; Fax: +61-8-8362-9288; e-mail: office@aamt.edu.au; Web site: http://www.aamt.edu.au
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Elementary Education; Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Australia
Grant or Contract Numbers: N/A