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An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education
- Source :
-
International Electronic Journal of Mathematics Education . 2019 14(1):123-136. - Publication Year :
- 2019
-
Abstract
- Frequently, the shadow of financial insolvency is present in economies, whether between countries, companies or the general population (people) who contract the obligation of a loan, credit or other debt. Debt restructuring is one of the most effective financial tools to face this. Through mathematical modeling with algorithms designed for the inclusion of the variable transaction cost coefficient (TCC) and transaction cost amount (TCA), it was possible to demonstrate the feasibility to modify: V[subscript OD] to V[subscript ODAdjustded] and Y[subscript 1...j] = V[subscript OD] over V[Subscript NSP] to Y"[subscript 1...j] = V[subscript ODAdjustded] over V[Subscript NSP].
Details
- Language :
- English
- ISSN :
- 1306-3030
- Volume :
- 14
- Issue :
- 1
- Database :
- ERIC
- Journal :
- International Electronic Journal of Mathematics Education
- Publication Type :
- Academic Journal
- Accession number :
- EJ1227435
- Document Type :
- Journal Articles<br />Reports - Research