as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
please define the term algorithm
user
an algorithm is a systematic set of rules and procedures used to solve a problem, perform a calculation, or make a decision. it is a series of steps that can be followed in order to reach a desired outcome. an algorithm can be applied to any set of instructions in order to reach an optimal solution in a finite amount of time.
assistant