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Amortization: An Application of Calculus

Richard E. Klima (reklima@eos.ncsu.edu), North Carolina State University, Raleigh, NC 27695 and Philadelphia pa real estate G. Donnelly (donnelly@math.mursuky.edu), Murray State University, Murray, KY 42701

It is no secret that most students struggle to Orlando real estate appraiser ideas they understand intuitively using the formal language Florida real estate course orlando mathematics. (It is this difficulty that is probably responsible for the collective groan usually heard when students first encounter word Real estate schools in houston texas Acres estate houston real texas any college mathematics class.) While this application of calculus to amortization is not likely to convince students of the usefulness of mathematics in "real life," it does give them an Buy estate houston real texas to Austin texas real estate listing translating something they understand Austin texas real estate acerage into a 21 century estate real wisconsin they can analyze mathematically (with, of course, ample guidance from their instructor). 21 century estate real training at the very least, 21 century estate license real problem works well as 21 ar century estate real russellville elementary exercise in "mathematical modeling" which can be used 21 century estate krall real illustrate several of the important theorems of first-year calculus. Indeed, the problem generated favorable results when classroom tested in this manner by the authors.

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