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ERIC Number: EJ903745
Record Type: Journal
Publication Date: 2010
Pages: 14
Abstractor: As Provided
Reference Count: 18
ISBN: N/A
ISSN: ISSN-1051-1970
Undergraduate Research: Mathematical Modeling of Mortgages
Choi, Youngna; Spero, Steven
PRIMUS, v20 n8 p698-711 2010
In this article, we study financing in the real estate market and show how various types of mortgages can be modeled and analyzed. With only an introductory level of interest theory, finance, and calculus, we model and analyze three types of popular mortgages with real life examples that explain the background and inevitable outcome of the current financial crisis. (Contains 3 figures and 1 footnote.)
Taylor & Francis, Ltd. 325 Chestnut Street Suite 800, Philadelphia, PA 19106. Tel: 800-354-1420; Fax: 215-625-2940; Web site: http://www.tandf.co.uk/journals
Publication Type: Journal Articles; Reports - Research
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A