Ch 9: Recursion & Financial Modeling

About This Chapter

Refer to the lessons in this chapter to reinforce your understanding of linear recurrence and the use of tables to solve financial problems. Use this chapter to support your math class studies or review information you might be tested on when taking student assessment, college entrance or placement exams.

Recursion and Financial Modeling - Chapter Summary

In this chapter, you can review information on applying first-order linear recurrence relation to solving financial problems. In addition, you will learn how to use tables when solving financial problems. The lessons offer clear definitions and provide examples to facilitate your learning experience. Once you have reviewed this chapter, you should be able to do the following:

  • Define first-order linear recurrence
  • Solve financial problems relating to depreciation, compound investments and annuities
  • Use tables to analyze and interpret financial problems

Expert instructors relate information in clear, simple terms to help you fully understand these concepts. Lessons are accessible 24/7 from any device, and you can print them to create quick reference tools. Use the assessment quizzes to measure what you know and determine your readiness in moving from one topic to the next as your progress through the chapter.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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