Internal Rate of Return

Authors :: Harris S. Shultz
Source :: The Mathematics Teacher. 98:531-533
Publication Year :: 2005
Publisher :: National Council of Teachers of Mathematics, 2005.
Abstract: The Principles and Standards for School Mathematics (NCTM 2000, pp. 65–66) states, “School mathematics experiences at all levels should include opportunities to learn about mathematics by working on problems arising in contexts outside of mathematics. These connections can be to other subject areas and disciplines as well as to students' daily lives.” In this article we shall see that the discipline of finance can provide rich real–life applications of mathematics.