Which numerical method should we use
Which numerical method should we use?
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The three most important numerical methods in common utilize are Monte Carlo, numerical quadrature and finite difference including the binomial method as only a simplistic version of finite differences.
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Grecian Tile Manufacturing of Athens, Georgia borrows $1,500,000 at LIBOR and a lending margin of 1.25 percent per annum on six-month rollover basis through London bank. If six-month LIBOR is 4 ½ percent in the first six-month interval and 5 3/8 percent over the second six-mo
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