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Modeling Scenario
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1-006-Financing-ModelingScenario
We describe two situations, one in which we are saving for a purpose and one in which we are borrowing for a purpose. In the first case we ask for discrete and continuous model of the situation and in the second case we ask that the results of...
finance
savings
loan
interest rate
payment
Modeling Scenario
272
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115
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1-044-CollegeBound-ModelingScenario
Preparing for four years of college for a friend of the family's newborn is the task. Making assumptions about costs, timing, interest rates, and fiscal capabilities are the order of the day.
interest rate
college saving
tuition
room and board
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