1 / 25

Mortgages and Seashells: An Application of Linear Functions

Discover a useful linear equation that can help you calculate the time it takes to pay off a loan, using the example of a $10,000 loan with 0.5% monthly interest and $500 monthly payments.

wilsonj
Télécharger la présentation

Mortgages and Seashells: An Application of Linear Functions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Mortgages and Seashells

  2. 1. Iterating Linear Functions

  3. A Useful Linear Function

  4. A General Financial Formula

  5. An Application Suppose you borrowed $10,000 from a bank that charged .05% interest per month and would like to make payments of $500 per month. How long would it take to pay off the loan?

  6. -10000, B(n) = 0

  7. 2. Iterating Geometric Transformations

  8. Rotate thru -90

  9. Dilate about the origin by a factor of .618

  10. Translate over 1, up 1

  11. Rotate thru -90

  12. Dilate about the origin by a factor of .618

  13. Translate over 1, up 1

  14. The Golden Spiral

  15. Golden Spiral?

  16. 3. Iterating Complex Linear Functions

  17. 3. Complex Linear Functions

  18. The Golden Rectangle Function

  19. Putting DeMoivre’s Theorem to Work

  20. Problem: This gives complex numbers as a function of a real variable. How do you plot g(x)? Need to plot ( real[g(x)] , imaginary[g(x) ) for x = 0 to 20 Mathematica to the rescue!

More Related