Pre-service mathematics student teachers’ conceptions of nominal and effective interest rates

The general public consumes financial products such as loans that are administered in the realm of nominal and effective interest rates. It is debatable if most consumers really understand how these rates function. This article explores the conceptions that student teachers have about nominal and ef...

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Bibliographic Details
Main Author: Judah P. Makonye
Format: Article
Language:English
Published: AOSIS 2017-04-01
Series:Pythagoras
Subjects:
Online Access:https://pythagoras.org.za/index.php/pythagoras/article/view/307