Geometric series: clearing a mortgage debt. METAL film 3.04

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Uploaded by on Dec 15, 2008

This film shows the example of a couple who would like to buy a house but need a mortgage. We use geometric series to calculate their monthly payments over 25 years. Produced for the education project, Mathematics for Economics: enhancing Teaching & Learning. See more at: http://www.metalproject.co.uk

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Education

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  • thanks....very helpful video!

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