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Schultz, James E.; Waits, Bert K. – Two-Year College Mathematics Journal, 1979
The calculator is used to solve certain formidable equations, which arise naturally and which may be difficult or impossible to solve by standard methods, by a method of successive approximations. (MP)
Descriptors: Algorithms, Calculators, College Mathematics, Computation
Peer reviewed Peer reviewed
Waits, Bert K.; Demana, Franklin – College Mathematics Journal, 1990
The rule of 78 is used by banks and loan companies to compute the amounts due when installment loans are paid early. Describes an unexpected case of negative amortization when the rule is applied. Presents an actual problem and discusses the case. (YP)
Descriptors: Algorithms, College Mathematics, Computation, Computer Oriented Programs