Reducing Balance Loans Using a Finance Solver is a part of the VCE Further Maths topic Recurrence and Financial Modelling. It is a part of the subtopic Reducing Balance Loans. In this post, we look at the use of technology with financial modelling functionality to solve problems involving reducing balance loans.
How to Use a Finance Solver?
This video works through how to use a finance solver to find values such as the final amount.
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