International Electronic Journal of Mathematics Education

An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education
AMA 10th edition
In-text citation: (1), (2), (3), etc.
Reference: García-Santillán A. An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education. Int Elect J Math Ed. 2019;14(1), 123-136. https://doi.org/10.12973/iejme/3981
APA 6th edition
In-text citation: (García-Santillán, 2019)
Reference: García-Santillán, A. (2019). An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education. International Electronic Journal of Mathematics Education, 14(1), 123-136. https://doi.org/10.12973/iejme/3981
Chicago
In-text citation: (García-Santillán, 2019)
Reference: García-Santillán, Arturo. "An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education". International Electronic Journal of Mathematics Education 2019 14 no. 1 (2019): 123-136. https://doi.org/10.12973/iejme/3981
Harvard
In-text citation: (García-Santillán, 2019)
Reference: García-Santillán, A. (2019). An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education. International Electronic Journal of Mathematics Education, 14(1), pp. 123-136. https://doi.org/10.12973/iejme/3981
MLA
In-text citation: (García-Santillán, 2019)
Reference: García-Santillán, Arturo "An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education". International Electronic Journal of Mathematics Education, vol. 14, no. 1, 2019, pp. 123-136. https://doi.org/10.12973/iejme/3981
Vancouver
In-text citation: (1), (2), (3), etc.
Reference: García-Santillán A. An Algorithm to Renegotiate Debt through Equivalent Equations and Transaction Costs: A Proposal for the Field of Financial Education. Int Elect J Math Ed. 2019;14(1):123-6. https://doi.org/10.12973/iejme/3981

Abstract

Frequently, the shadow of financial insolvency is present in economies, whether between countries, companies or the general population (people) who contract the obligation of a loan, credit or other debt. Debt restructuring is one of the most effective financial tools to face this. Through mathematical modeling with algorithms designed for the inclusion of the variable transaction cost coefficient (TCC) and transaction cost amount (TCA), it was possible to demonstrate the feasibility to modify: VOD  to VODadjusted  and Y1...j = VODVNSP  to Y”1...j = VODadjusted / VNSP .

References

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License

This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.