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Unformatted text preview: A = $3,048.88 N = 180 months c) P = $30,000. A = $725.00 N = 48 months The initial bracket is L i = and 1. U i = The iterations should stop when the magnitude of the approximate relative error is less than 0.01%. Fill in the tables with your results. Bisection Loan 1 Loan 2 Loan 3 P $350,000. $350,000. $30,000. A $2,212.24 $3,048.88 $725.00 N (months) 360 180 48 i Annual interest rate (%) Number of iterations False Position Loan 1 Loan 2 Loan 3 P $350,000. $350,000. $30,000. A $2,212.24 $3,048.88 $725.00 N (months) 360 180 48 i Annual interest rate (%) Number of iterations...
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This note was uploaded on 06/09/2011 for the course EGM 4320 taught by Professor Klee during the Spring '11 term at University of Central Florida.
 Spring '11
 klee

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