Compound Interest

Поделиться
HTML-код
  • Опубликовано: 15 июл 2020
  • This finance video tutorial explains how to calculate the compound interest on an annual, quarterly, and monthly basis.
    Logarithms - The Easy Way! • Logarithms - The Easy ...
    Log to Exponential Form:
    • Writing Logarithmic Eq...
    Change of Base Formula:
    • Change of Base Formula...
    Change of Base Log Problem:
    • Logarithms
    Properties of Logarithms:
    • Properties of Logarithms
    ____________________________________
    Expanding Logarithmic Expressions:
    • Expanding Logarithmic ...
    Condensing Logarithmic Expressions:
    • Condensing Logarithmic...
    Natural Logarithms:
    • Natural Logarithms
    Solving Exponential Equations:
    • Solving Exponential Eq...
    Exponential Equations - Quadratic Form:
    • Solving Exponential Eq...
    _______________________________________
    Solving Logarithmic Equations:
    • Solving Logarithmic Eq...
    Graphing Logarithmic Functions:
    • Graphing Logarithmic F...
    Graphing Exponential Functions:
    • How To Graph Exponenti...
    Compound Interest Word Problems:
    • Compound Interest
    Logarithms Practice Problems:
    • Logarithms - Practice ...
    _______________________________________
    Final Exams and Video Playlists:
    www.video-tutor.net/
    Full-Length Videos and Worksheets:
    / collections

Комментарии • 146

  • @TheOrganicChemistryTutor
    @TheOrganicChemistryTutor  Год назад +12

    Next Video: ruclips.net/video/Ln97Hd7AiDc/видео.html
    Final Exams and Video Playlists: www.video-tutor.net/

  • @user-uk7qb3cg7t
    @user-uk7qb3cg7t 4 месяца назад +34

    you and khan academy have singlehandedly saved us all

    • @SiasiasWorld
      @SiasiasWorld 2 месяца назад

      real

    • @kdg6986
      @kdg6986 2 часа назад

      hey would u mind explain me the difference between exponential growth and compound interest im so confused

  • @nicolenoelle4446
    @nicolenoelle4446 Год назад +77

    This video you made cured the tears I have shed due to not understanding each step! Thank you SO much for such a clear, step-by-step, presentation.

    • @user-wt8bc6mc4j
      @user-wt8bc6mc4j 8 месяцев назад

      we shida mzungu maisha raha raha tu hausomi qmmk

    • @rickrolld9023
      @rickrolld9023 5 месяцев назад

      lol 😂​@@user-wt8bc6mc4j

    • @rickrolld9023
      @rickrolld9023 5 месяцев назад

      ​@@user-wt8bc6mc4j u from asia?

    • @TheRealPaul_Morphy
      @TheRealPaul_Morphy 3 месяца назад +1

      ​@user-wt8bc6mc4j That's partially true, but our school systems don't teach kids how to study. The same goes for parents in the US. The US school system is every kid for themselves, and if you need help studying you have to find a kid of similar abilities to work with. You can't even ask your parents for help since most parents in the US don't even know how to do fractions, lol. And if they place you in a sped class you're even more screwed, they're just going to have you sitting in a segregated room for 5 hours a day, doing nothing but counting to 10 multiple times. Honestly the US would be better off if they cut their sped programs.

  • @reemmohamed6394
    @reemmohamed6394 Год назад +28

    A very helpful channel . I appreciate your effort. keep going 💪

  • @some199
    @some199 Год назад +7

    I passed my math final with your channel. Thanks bro XD💕

  • @sumangkalamveerasami7131
    @sumangkalamveerasami7131 4 года назад +43

    Thank you so much for your knowledge its really helpful

    • @littlechemist
      @littlechemist 4 года назад

      ruclips.net/video/PAmXNyD6c20/видео.html

  • @Jowonne
    @Jowonne 2 года назад +13

    Thank you for always saving my ass when it comes to science and math

  • @breeb2231
    @breeb2231 3 месяца назад

    helped me so much, it was so easy after watching this video. Thank you !!

  • @beastryan
    @beastryan Год назад +3

    Thx it helps a lot with Homework!

  • @kanechabot
    @kanechabot 3 года назад +204

    Now do this without a calculator, multiple times, in under 2 minutes per problem Mwahaha! ...welcome to Missouri S&T

    • @urfather8256
      @urfather8256 Год назад +22

      there's no way you can solve that w/out calcu in just 2 mins

    • @herambsharma7408
      @herambsharma7408 Год назад +5

      @@urfather8256 it's easy

    • @Jaelaniees
      @Jaelaniees Год назад +4

      Shits ez passed that with a score of 1600

    • @spider-manfoundawayhome690
      @spider-manfoundawayhome690 Год назад +1

      Bro in Australia Victoria for the sehs exam we need to solve this in 30 seconds 😢

    • @watchf
      @watchf Год назад +2

      @@spider-manfoundawayhome690 yeah but with calculator or no

  • @lekemorfaw4375
    @lekemorfaw4375 Год назад +16

    How can you tell whether a question is talking about compound interest or simple interest? Got any tips/tricks/secret behind it pls Sir?

    • @Lnxtcc
      @Lnxtcc 10 месяцев назад +7

      like "compounded" or phrases related to time periods and formulas for compound interest, while keywords like "simple interest" or "flat interest rate" typically indicate questions about simple interest.

  • @mitsuru338
    @mitsuru338 2 года назад +3

    Thank you man!

  • @Roboseal2
    @Roboseal2 6 месяцев назад +7

    I'm in math rn

  • @Berrybuzzbuzz
    @Berrybuzzbuzz 4 месяца назад

    Thank you this helped me so much 😁

  • @Plumbingadjacentdrainguy
    @Plumbingadjacentdrainguy 2 месяца назад

    Thanks for the breakdown

  • @DylanBartOfficial
    @DylanBartOfficial 6 месяцев назад +3

    Thank youuuuu

  • @justengineer6276
    @justengineer6276 Год назад +3

    Helpful, but still need some explanations on the nontabulated interests if One has advance payment 0f say $1220 recovery= $152.5 at 4.5% quarter yearly interest and 8.25 yearly payments? P=1003 , how is this result calculated?

  • @calero7288
    @calero7288 2 года назад +2

    thanks you realy help me

  • @hvacwiz7877
    @hvacwiz7877 Год назад +5

    thanks i knew the formula forgot how to do math lol

  • @MdNasim-og9wu
    @MdNasim-og9wu Год назад +2

    Thank you so much
    From Bangladesh 🇧🇩

  • @thatomofolo452
    @thatomofolo452 11 месяцев назад +1

    Very good 👍👍😊

  • @MrEJYourSolarExpert
    @MrEJYourSolarExpert 3 года назад +6

    love your channel... thank you very much. i have a question... what formula can i use to know the price increase on electric bills? example utility bills have an increase of 4% on average annually. So if a home owner is paying .13 cents per kwh and consumes 2500kwh per year... what would the price per kwh be in 25 years from now? thanks !!!!

    • @JasmeetSingh-un9mp
      @JasmeetSingh-un9mp 2 года назад

      HE IS SUS HE DOESN'T REPLIES I ALSO ASKED HIM A QUESTION BUT HE DIDN'T REPLIED.HE IS SUS TODAY 1 YEAR REACHED WHEN I ASKED HIM A QUESTION.I HAVE TO SAY THAT HE IS SUS😠😠😠

    • @FkTurbo.
      @FkTurbo. 5 месяцев назад +1

      I know your comment is years old but it has multiple likes and no replies. So in case anyone else is wondering you would take the starting amount ( .13 in this case) and multiply it by 1.04 (1.00 represents the original amount and .04 represents the 4% annual increase) raised to the 24th power (^24 and not ^25 because the year 1 starting power is itself).
      So the equation would be .13(1.04)^24=.33 kwh

  • @adi-uo8gg
    @adi-uo8gg 6 месяцев назад

    Guy just made over 7 million sub. With 1 screen and his brain 👏👏👏

  • @Nepaliteacher841
    @Nepaliteacher841 3 месяца назад

    Nice informating v❤❤❤

  • @geewizrsx
    @geewizrsx 2 месяца назад

    What about yearly instead of quarterly or monthly? What wiuld the n be for that?

  • @lowersaxon
    @lowersaxon 4 года назад +14

    True.But you didn‘t touch continuous compounding unlike in your video 3 years ago. You could have derived „e“ ( Euler‘s number) by the compound interest formula as you of course perfectly know. And I think I‘m not quite conform with the vid from 3 years ago. If A = P ( 1+r)^rt and A =Pe^Rt then with b = 1+r the term e^R has to be equal to b. I don‘t think that r and R will coincide exactly. Suppose b = 1.10 then e^0.0953= 1.100xyz ~ b. So R= .0953 = ln 1.1 and not r= .1. This is not to blame you, on the contrary I think you‘re really great in natural sciences and that many people enjoy your absolutely charming voice and style of educating this stuff. Keep on!

  • @dylanbushmire2623
    @dylanbushmire2623 4 месяца назад

    What would I put down if it said the interest was compounded continuously

  • @kelvin_ccp
    @kelvin_ccp 22 дня назад

    Still very helpful in 2024 🤝

  • @Naza12818
    @Naza12818 6 месяцев назад +1

    We can find (t) with points? How please?

  • @solonpeter9716
    @solonpeter9716 8 месяцев назад

    Please can you help me by solve the problem with out a calculator,,

  • @stormrider1375
    @stormrider1375 Год назад +2

    "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

  • @arianagrandestoes1665
    @arianagrandestoes1665 3 месяца назад

    Thank you for your service pookie

  • @facohido67
    @facohido67 6 месяцев назад

    so like don't mind but like you do all kind of math like algebra , indices and like ratios so like don't you ever forget them after a while . for e. g I give you a paper right now with all the questions of maths problems that you made videos own . so will you able to answer those or not ?

  • @jacquelinevallejo7168
    @jacquelinevallejo7168 3 месяца назад

    I had a problem and each time I worked it out I got a different answer than what it was supposed to be and I do not understand what I did incorrectly. It was giving me answers with no decimals but I don’t know why.
    I found out it was the way it was being inputted into the calculator.

  • @indianpradneshr.p8661
    @indianpradneshr.p8661 18 дней назад

    please let me know how you calculate gains

  • @marktako4187
    @marktako4187 7 месяцев назад

    How did you get the amount of 36,o47.84 if your going to rise to the power of 80 multiply that with 1.025? How did you get it?

    • @user-my4eu5xn9g
      @user-my4eu5xn9g 6 месяцев назад

      On the calculator, first put (1.025) in () then raise to power 80
      Press =
      Then answer you got
      Multiply it with 5000
      Try again
      Tell me what u get
      U should get same answer
      I tried it and it works

  • @july3a755
    @july3a755 Год назад +1

    How do you put in to the calculator to the 10th power..?

  • @chapendekasamson5038
    @chapendekasamson5038 2 года назад +3

    I want to follow your lecture

  • @Loachie90
    @Loachie90 8 месяцев назад

    Organic chemist: This is how compound interest works.
    Millennials: tHe RiCh GeT rIcHeR

  • @leonardobarrera2816
    @leonardobarrera2816 5 месяцев назад +2

    5:02
    Why is n=4

  • @dariusmcneal575
    @dariusmcneal575 4 года назад +4

    Can you please make a video on this math problem. What's the product of 3 2/3 and 14 2/5? In detail if you will.

    • @Jo_Es_Chess_Channel
      @Jo_Es_Chess_Channel 4 года назад

      You just put the same denominator for each of the two parts and then multiply both the numerator and the denominator and simplify

    • @spinach7205
      @spinach7205 4 года назад +4

      Dude what do you mean? 3 2/3 = 11/3. 14 2/5 = 72/5. Therefore 11/3 × 72/5 = 792/10 = 79.2 .....is this what you mean?

    • @littlechemist
      @littlechemist 4 года назад

      ruclips.net/video/PAmXNyD6c20/видео.html

    • @atpio7647
      @atpio7647 Год назад

      @@Jo_Es_Chess_Channel Thats for adding and subtracting fractions not multiplication.

    • @HellonihaoJohnnyHola
      @HellonihaoJohnnyHola 8 месяцев назад

      ​@@spinach7205 actually 792/15

  • @hannahhannah1832
    @hannahhannah1832 Год назад

    For the question 'how many years will it take', does we have to round up the number of years?

    • @user-wt8bc6mc4j
      @user-wt8bc6mc4j 8 месяцев назад

      who taught u english hananananananahhhhhhahaha(tried reading ur name)

    • @tabbyblu771
      @tabbyblu771 4 месяца назад

      ​@@user-wt8bc6mc4jSpell "you" correctly Mr Englishman 😅

  • @bbmm9541
    @bbmm9541 Год назад +1

    The exponents are too big 😭😭😭 is there any easy way to calculate the raise of power??? Or it really needs calculator?
    I am taking an exam about this

    • @Nevezeniyeet
      @Nevezeniyeet 8 месяцев назад +1

      I know this comment is 5 months ago and the answer is late and you probably know it but maybe for those who don't know the answer for this is yes you need a scientific calculator and to calculate the power is just find the ^ to represent the next number as a power

  • @user-wr9xp7dx8y
    @user-wr9xp7dx8y 3 месяца назад

    it says 9% annually so should'nt the 0.09 it be divided by 12

  • @ItzJohn5223
    @ItzJohn5223 9 месяцев назад +2

    HOW DID HE GET THE $2,367.36 BY MULTIPLYING $1,000×0.09

  • @faizsyahmi2244
    @faizsyahmi2244 9 месяцев назад +1

    i used log instead of ln. No wonder I got it wrong☠💀

  • @hopeedward5465
    @hopeedward5465 3 месяца назад

    t what does it mean

  • @stemtutoringonline3986
    @stemtutoringonline3986 4 года назад +2

    how does he do it

    • @littlechemist
      @littlechemist 4 года назад

      ruclips.net/video/PAmXNyD6c20/видео.html

  • @user-ct8yf3wd2g
    @user-ct8yf3wd2g 10 месяцев назад

    If we have simple interest formula, why would we need compound interest formula? can someone explain to me?

    • @Josama0214
      @Josama0214 6 месяцев назад

      Because Compound Interest represents money growing Exponentially with respect to time while Simple Interest is Linear

  • @jamiedomjan5114
    @jamiedomjan5114 Год назад +2

    I dont understand how you are doing the math. 5125 raised to the power of 80? I dont get it! Please explain.

    • @michellejones8144
      @michellejones8144 Год назад

      This is the exact math problem I’m trying to solve. That’s the part that I don’t understand and no one is explaining it. Did you get any help?

    • @jamiedomjan5114
      @jamiedomjan5114 Год назад +1

      @@michellejones8144 I ended up researching my TI-83 and how to properly plug in powers. When calculating I plug it all in there and find the power. I hope this makes sense. It took a bit to break everything down to figure out the sections. These math videos leave out some important details.

    • @michellejones8144
      @michellejones8144 Год назад

      @@jamiedomjan5114 Thank you. As soon as I asked you o looked at another video and the guy gave the magic words. He said to pug them into the calculator according to the formula. It worked. Thank Goodness.

    • @shannonpowell8066
      @shannonpowell8066 Год назад

      I don't get it either, cause for example if it's 3003.12 to the 2nd power were at 9million! Isn't this how exponents work? 3000 to the 2nd power is 3000 x 3000? So if were dealing with a 4 year term we get 3000 x 3000 x 3000 x 3000?!

    • @michellejones8144
      @michellejones8144 Год назад

      @@shannonpowell8066 plug it into the calculator and it was give you the answer.

  • @shannonpowell8066
    @shannonpowell8066 Год назад +3

    If you're raising it to a power of nt, you're ending up with an astronomical amount. Like 3000 raised to the 2nd power alone is 9million. So how the hell you calculating that?

    • @Aiden-pv4re
      @Aiden-pv4re 9 месяцев назад

      A graphing calculator

    • @maliekli2
      @maliekli2 4 месяца назад

      You’re only raising the (1.09) term

  • @qaqqootube
    @qaqqootube 7 месяцев назад

    sir it is good explanation but n stands for what?

    • @KXIV3471
      @KXIV3471 7 месяцев назад +1

      n = how many times it is being compounded per year
      if "n" is being compounded quarterly then it is being compounded 4 times per year, hence it being n=4
      but if "n" is compounded weekly there are 52 weeks in a year which means it will be compounded 52 times so n = 52 since "n" represents how many times it is being compounded per year.
      Hope this helps :D

  • @Dragupult
    @Dragupult Год назад +1

    What if it’s compounded monthly?

  • @GideonMwila-kw3tv
    @GideonMwila-kw3tv 11 месяцев назад

  • @Migixkem
    @Migixkem 4 года назад +2

    Eyyyy

  • @kjayedorot2931
    @kjayedorot2931 Год назад +2

    1:54

  • @g2trashtxd781
    @g2trashtxd781 4 года назад +4

    Is quarterly not every three months as in 1/4th of a year

    • @atpio7647
      @atpio7647 Год назад

      Since it is one fourth it is four. If it was half yearly it would be one half that would be 1/2 so it would be 2

  • @user-bc3em8qt5c
    @user-bc3em8qt5c 9 месяцев назад

    ive lost the thread about annuals like why 1/4???wtf

  • @chapendekasamson5038
    @chapendekasamson5038 2 года назад +1

    I want to follow

  • @khhk1401
    @khhk1401 Год назад +2

    What was n?

  • @kjayedorot2931
    @kjayedorot2931 Год назад +1

    5:06

  • @user-tk7xt3wq8r
    @user-tk7xt3wq8r 8 месяцев назад

    $850,000,000
    Annual interest of 17%
    After 10 years?
    (Need the TI-84 Graphing Calculator)

  • @bestprawn444
    @bestprawn444 11 месяцев назад

    You are a goat

    • @frankkimaru2325
      @frankkimaru2325 8 месяцев назад

      You are his-'kid'-😾😾😾😾

  • @mayendit5079
    @mayendit5079 2 года назад +2

    Thanks for your help me please

  • @yaniquelife8281
    @yaniquelife8281 8 месяцев назад +1

    How is n=4!????

    • @munchercruncher2185
      @munchercruncher2185 7 месяцев назад

      You have to keep in mind that to find N
      is reading the question carefully
      if the question consists "Anually" then your N will be 1
      If it's Quarterly your N will be 4
      If it's Monthly then your N will be 12.

    • @munchercruncher2185
      @munchercruncher2185 7 месяцев назад

      But maybe you have already learned since it's already been 3 weeks

    • @KXIV3471
      @KXIV3471 7 месяцев назад

      n = how many times it is being compounded per year
      if "n" is being compounded quarterly then it is being compounded 4 times per year, hence it being n=4
      but if "n" is compounded weekly there are 52 weeks in a year which means it will be compounded 52 times so n = 52 since "n" represents how many times it is being compounded per year.
      Hope this helps :D

  • @expiredwater9235
    @expiredwater9235 28 дней назад

    Thx pookie

  • @Nkguptach4
    @Nkguptach4 4 года назад +2

    You are chemistry teacher but teach maths

  • @blzweasel5541
    @blzweasel5541 11 месяцев назад

    im not sure how you got 2,367.36

  • @alinanimukuka3103
    @alinanimukuka3103 Год назад

    7:25

  • @whatwerewe
    @whatwerewe 2 месяца назад

    isn't A compound capital? thats what my textbook says-

  • @alinanimukuka3103
    @alinanimukuka3103 Год назад

    !!!!!!!!!!!!!!

  • @celiahernandez4778
    @celiahernandez4778 Год назад +7

    babes I love u BUT GET A NEW MIC

    • @ikmg887
      @ikmg887 20 дней назад

      💀💀💀

  • @onyinyesibeudu1436
    @onyinyesibeudu1436 4 месяца назад

    What's that clickin'😅

  • @Migixkem
    @Migixkem 4 года назад +5

    Face reveal mane

    • @littlechemist
      @littlechemist 4 года назад

      ruclips.net/video/PAmXNyD6c20/видео.html