Abstract
The field of Finance is neither ill-suited to CAI applications, nor is it automatically oriented toward computers. Because of this unique position of Finance, the historical evolution of CAI for one Advanced Finance course appears to be of interest and will be presented in this article. This evolution begins with the computer literate instructor trying to adapt the noncomputer-oriented text problems for solution by canned programs running on a mainframe. Next comes the early microcomputer with the first spreadsheet solutions, in addition to the canned programs. The latest phase in this evolution has a text with computer-oriented support materials and more computer literate students using currently popular spread sheet systems.
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