Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra
This algebra & precalculus video tutorial explains how to use the compound interest formula to solve investment word problems. This video contains plenty of examples and practice problems for you to work on.
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Here is a list of topics:
1. Compound Interest Explained – Formula & Equations
2. Compounded Monthly, Semi Annually, Quarterly, Daily, Weekly and Compounded Continuously
3. Compound Interest Word Problems – Investment, Mutual Funds, Savings Account, and Index Annuity
4. Logarithms – Solve for t
5. Compound Interest – Solve for r using e
6. Future Value vs Present Value – Math Problems
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My Teacher will gonna discuss this topic on Monday, so, I’m here for advance learning so that it will be easy for me to understand our topic next week. Haha
ge unsa na nimo pagkuha ang 1.30103 angkol
There are these questions in college entrance exams with like super long years compounded quarterly; boy, it takes a long time. I am here to find a shortcut; it is the same way I try to solve it. I skipped it in the exam.
Thank you so much
9:51 how to raise something like that 1over20 on the calculator
thank u soo much u saved a life from D grade and put an A
Thank you had a quiz the next day and had the formula mixed up.
Isn’t quarterly 3/12,12 ofc being the amount of months in one year. So, when we talk about quarterly, surely we’re talking 1/4 of a year, which is 3 months? I just hate seeing so much comments not pointing this out maybe there are some but, it would be a hell of a scroll lemme tell you that much. Anyways, helpful video really helpful I don’t necessarily think it’s the explanation more of the presentation.
you are sayop bro, instead of .79 its .71 i double checked it with my calcu.
If I had money to send oyu I would send you, every video i have ever watched of yours has helped me through problems. Thank you
https://youtube.com/shorts/LSsQSTXjpXA?feature=share
How about bimonthly
am i doing something wrong here…when i type in 20000(1.0066667)480 exactly as its stated I am getting a syntax error. Please help.
@TheOrganicChemistryTutor
At 4:49/22:05 (timestamp) – Why am I getting $485,475.42 when I calculate 20,000 * 1.0066667 * ^480? Instead of what you got… $485, 467.79?
My question to this is do you absolutely have to use logarithmic to solve for compound interest cause at the start of the video he worked a problem out and it didn’t seem as complex and many steps as the logarithmic method
Best explanation 😊
😢
Thanks so much bro for saving my ass.
life saver bro. god bless. keep safe always bro
how did you solve this 20,000 (1.0066667)480
5:30 after 45 years John’s 2 million dollars might buy a small car..perhaps ?(possibly electric). Best John buy some real estate..inflation will make him richer instead of poorer
You never show how you got the answer stupid
i’m gonna dropout on the verge ong
4:33 do u just times 20.000 with the 1.0066667 and 480 ?
4:42 What was his way of computing to get 485,467.79? Because i multiplied 1.0066667 x 480 and got 483.200016, sorry i dont know
6:58 How did he get the answer of 68.376152? Thank you
Thankk youu so much i learned a lot🔥
excellent job mate. Well done
18:16
what should i do in checking? should i use the equation to solve?
Yawa sir cuadra tabang
One day before the exam😴
What if the given is
P=45,570 and there is jc= 6.5%
t=4 years?
Biggest thing got cleared
I passed my math exams but i think this guy deserve all the credit
I give my lecturers a 40% and 60% to this guy, thanks brother 🙏🙏
I literaly understand this dude than my own teacherr
this guy’s teaching students to invest
Thank you for your videos…they are very helpful and I understand you very clearly cool video explaining with a really patient tone
Thank you understood. Made clear in very well kanner sir.
wow thank you. you put an entire semester worth of work into a video lol
Your vids are very clear but I’m very slow. How exactly is the inverse incorporated into the problem. How would I do the inverse on a calculator. I used e on mine and it did something different. Am I doing the inverse of 2.16?
7:39
Thank you so much for this, you a real G.
How do you calculate 20000(1.0066667)480
I need a tutorial on application of sequence and series in financial mathematics
Legit, company this down on a paper. And you’ll get an A on the first exam. My dude clutch af 🤝
"If only statesmen had been compelled to study law of the laws of Compound Interest, the fate of the whole human race might have been very different." – William Joyce, "Twilight Over England", 1940
This guy is gifted
He made these functions sound so easy and explained them in such an amazing manner. Thank you so much!
4:41 in my scientific calculator it shows 485,475.427 😅?¿
do we need to raise to 480 after multiplying the 20k and 1.0…..67?