ERIC Number: EJ1227435
Record Type: Journal
Publication Date: 2019
Pages: 14
Abstractor: As Provided
ISBN: N/A
ISSN: EISSN-1306-3030
EISSN: N/A
An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education
García-Santillán, Arturo
International Electronic Journal of Mathematics Education, v14 n1 p123-136 2019
Frequently, the shadow of financial insolvency is present in economies, whether between countries, companies or the general population (people) who contract the obligation of a loan, credit or other debt. Debt restructuring is one of the most effective financial tools to face this. Through mathematical modeling with algorithms designed for the inclusion of the variable transaction cost coefficient (TCC) and transaction cost amount (TCA), it was possible to demonstrate the feasibility to modify: V[subscript OD] to V[subscript ODAdjustded] and Y[subscript 1...j] = V[subscript OD] over V[Subscript NSP] to Y"[subscript 1...j] = V[subscript ODAdjustded] over V[Subscript NSP].
Descriptors: Mathematics, Mathematics Instruction, Mathematical Models, Debt (Financial), Equations (Mathematics), Credit (Finance), Foreign Countries, Financial Services, Money Management
International Electronic Journal of Mathematics Education. Suite 124, Challenge House 616 Mitcham Road, CR0 3AA, Croydon, London, UK. Tel: +44-208-936-7681; e-mail: iejme@iejme.com; Web site: https://www.iejme.com
Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Mexico
Grant or Contract Numbers: N/A