1-040-S-OutcomeSavings

By Brian Winkel

SIMIODE, Cornwall NY USA

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Modeling Scenarios

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Abstract

We ask students to build a model for a savings account and to determine the monthly deposit in a savings account in order meet a long term savings goal.

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Researchers should cite this work as follows:

  • Brian Winkel (2015), "1-040-S-OutcomeSavings," https://www.simiode.org/resources/384.

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Tags

  1. deposit
  2. develop
  3. difference
  4. Economics
  5. interest
  6. linear
  7. Mathematica
  8. Open-ended
  9. order
  10. ordinary
  11. saving
  12. separable