Compound Interest (Higher & Foundation) | GCSE Maths Revision | GCSE Maths Tutor

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  • Опубликовано: 7 фев 2025

Комментарии • 206

  • @TheGCSEMathsTutor
    @TheGCSEMathsTutor  5 лет назад +247

    Small correction! At 6:49 I start waffling on about calculator buttons and forgot to subtract £2500 from £2590.81 🤷🏼‍♂️ The answer is £90.81 - my bad! Don’t forget to check out the Ultimate Grade 6-9 Revision video here: ruclips.net/video/o9VuZhCqR2U/видео.html

    • @lolllhello7718
      @lolllhello7718 5 лет назад +5

      The GCSE Maths Tutor
      Just wanted to ask if you do tuition

    • @mirzy8490
      @mirzy8490 4 года назад +9

      @@lolllhello7718 yeah he does, he teaches me.

    • @mirzy8490
      @mirzy8490 4 года назад +5

      @@lolllhello7718 if u want to know the fees...

    • @mirzy8490
      @mirzy8490 4 года назад +33

      @@lolllhello7718 he gets paid 200 per class, i give him 1.2% interest per class. how much does he have after 4 classes?

    • @ibdaojaoqlxnari4902
      @ibdaojaoqlxnari4902 3 года назад +5

      @@mirzy8490 £209.77

  • @alexanderd526
    @alexanderd526 8 месяцев назад +21

    I'm not a maths exam person, specifically, but not only has this creator helped my grades, he's reminded me that I actually enjoy maths when it's taught to me well

    • @GhostGecko
      @GhostGecko 7 месяцев назад +4

      no bc same! i really like maths but im currently stuck on like a grade 4 or 5 😭
      had my non calc mock today. could've been better.
      i've sorta accepted my fate for these mocks (calc is in two days) but im gonna get better over the summer, i really want a 7 🙏

    • @faitherello
      @faitherello 3 месяца назад +1

      @@GhostGecko I'm really hoping I'm not too late, I unfortunately accepted my fate at GCSE and ended up with a four, which is a pass so I was not bothered too much. But now I'm 17 and applying to university and most courses want a 5 or 6 at GCSE, I have to resit my maths now which has cost 350 because I passed this first time, so can't resit for free. If I can give you any advice please please please put Maths, English and Science first as they really do dictate your future opportunities. And look at university courses now because having something to aim for really helped with my motivation!!

    • @GhostGecko
      @GhostGecko 3 месяца назад +1

      @@faitherello hey! ty for the advice, i currently have all 9s in english and science and a 6 or 7 in maths, so i should be okay, but i appreciate that, so thanks!

  • @lolllhello7718
    @lolllhello7718 5 лет назад +123

    Omg you listened to me and made a video explaining compound interest... thank you very much 😃

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад +57

      Haha I try my best to get every request done 😁 I told you I would! Enjoy! 👍🏼

    • @lolllhello7718
      @lolllhello7718 5 лет назад +20

      The GCSE Maths Tutor
      Thank you very much

    • @RoyalPigeon369
      @RoyalPigeon369 Месяц назад

      @@TheGCSEMathsTutor Please could you make a video on reverse compound interest?

  • @zalasayed3400
    @zalasayed3400 Год назад +34

    last time i got a 91% thanks to your videos- hope to get a high score again thanks to your great way of teaching!

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  Год назад +5

      Amazing news that’s incredible!! Keep up the great work I’m so glad you are enjoying them! 🙏🏼

    • @KabeerKhan.10
      @KabeerKhan.10 Год назад +1

      @@TheGCSEMathsTutor Could have used logs innit

    • @uzier2
      @uzier2 10 месяцев назад

      kabeer su dont force lingo@@KabeerKhan.10

  • @shikiuchiha6388
    @shikiuchiha6388 3 года назад +91

    Thanks man, been brushing up on some topics for my mock tomorrow, this really helped. :)

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад +11

      So glad to hear that! Best of luck with your mock exam 😁🙏🏼

    • @FactFlix3
      @FactFlix3 2 года назад +1

      how did it go

    • @shikiuchiha6388
      @shikiuchiha6388 2 года назад +15

      @@FactFlix3 got a 7 in the mocks and feeling pretty good abt the gcse exam :)

    • @infinity8362
      @infinity8362 Год назад +3

      @@shikiuchiha6388 W

    • @keshalianelson8055
      @keshalianelson8055 Год назад

      Me too my mock is tmr

  • @Izzy-bs7jo
    @Izzy-bs7jo 4 года назад +13

    Totally recommend this . Step by step nd talks us through it . Keep it up

  • @monkey_buu
    @monkey_buu Год назад +3

    thankyou , out of all the videos i have watched on this topic , yours has been the only one that has actually helped me understand

  • @AbdulRahman-pr4vo
    @AbdulRahman-pr4vo 4 года назад +16

    Learing this for my term exam tomorrow hope i dont fail it :)

  • @Wondering..
    @Wondering.. 3 месяца назад

    I like how you explain even the simplest steps, my maths teacher doesnt explain how they get to certain calculation's thinking we understood because it might be common sense for him which makes it confusing which causes me to overlook it

  • @fatmaasifawan5974
    @fatmaasifawan5974 2 года назад +4

    The intro and outro is soo amazing. It motivates me to watch more vids

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  2 года назад +3

      I’m so glad to hear you like it! Took me so long to make it 😁🙏🏼🙏🏼

  • @davidschwartz9636
    @davidschwartz9636 3 года назад +7

    Another really helpful video. Presented in your usual style, which I like and suits the way I take things in. - If you were teaching at a college or school, and I was there, I'd want to be in your group.
    Regards to you, David

  • @veronabriscoe595
    @veronabriscoe595 Год назад +3

    Thank you for making compound interest a little more interesting for me!

  • @희수-q5h
    @희수-q5h 3 года назад +3

    im doing the maths resits in November so I'm trying to refresh my memory and this helped tysm

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад +1

      So glad to hear that! Hopefully lots of content have you used the playlists? Best of luck for your exam, let me know how you get on 😁🤞🏼

  • @officialfallguystips6825
    @officialfallguystips6825 5 лет назад +47

    Sir ur too good

  • @ntylose
    @ntylose 2 года назад +1

    literally have my Y9 set assessment CCA, stressing, this helped so much thank you!

  • @T3l3machhs
    @T3l3machhs 5 месяцев назад

    thanks for the video, you actually helped me understand this topic properly compared to the other maths videos

  • @Aysha_m_a
    @Aysha_m_a Год назад

    the most effective and engaging maths lesson I've had in years thank you so much and i hope i can give back in some way. ✨✨

  • @AryanAli-ku9lc
    @AryanAli-ku9lc 12 дней назад

    Thank you so much even though its been like 5 years since you uploaded this

  • @Sarahgmt23-cb2tg
    @Sarahgmt23-cb2tg Год назад +1

    so helpful i understood the topic after watching it just once thank you sm !!

  • @artzee_darzee
    @artzee_darzee 23 дня назад

    This video was really helpful in catching me up, thankyou!!

  • @jonerasmus9399
    @jonerasmus9399 4 месяца назад

    Useful. Yip compound interest is definitely in paper 4 . Can count up to 3 marks per question . Watching this video to polish up a few loose ends. I use a formula p(1+R)^n , you just gotta be very careful handling and solving with percentages with these questions.

  • @ethannaher8203
    @ethannaher8203 3 года назад +1

    Thank you i needed this! ! completely forgot how to do this and mathswatch wasn't working. Mock tomorrow

  • @sissi9100
    @sissi9100 Год назад

    thank you so much ❤ i have an exam tomorrow and this topic is one of the 9 topics that are coming

  • @premamuthukumar5352
    @premamuthukumar5352 Год назад +1

    Tysm for your vidoes, I think it's really nice and simple how you explain them, this has really helped me :>

  • @stella011
    @stella011 3 года назад +1

    Thank you, I had trouble understanding this but after watching this I get it🙏

  • @i4TheWinN
    @i4TheWinN 5 лет назад +9

    Great video, appreciate your time sir.

  • @cryptoharold1763
    @cryptoharold1763 2 года назад

    got my math exam next week, ur a legend

  • @amenplayz6205
    @amenplayz6205 2 месяца назад

    thank you for the help! keep up the great work

  • @bobsham9136
    @bobsham9136 5 лет назад +2

    Amazing video as always

  • @pupigirma9756
    @pupigirma9756 3 года назад

    Omg after all i got it with your great help and its effortless ooo thanks

  • @29mbj62
    @29mbj62 2 года назад

    You just made my life 200 times easier

  • @sarahrahman5292
    @sarahrahman5292 2 года назад +2

    thank u for doing this i love u so much

  • @senjitsu
    @senjitsu 5 месяцев назад +3

    2:21 why did this part make me laugh 😭

  • @MXRlz_00
    @MXRlz_00 11 месяцев назад +1

    Blessings for my test 🙏

  • @PelumiAyo.
    @PelumiAyo. 5 лет назад +5

    Thank you very much! Your videos have a very great help!!

  • @a.a1061
    @a.a1061 2 года назад +2

    thank you so much ur saving my gcses lool

  • @officialfallguystips6825
    @officialfallguystips6825 5 лет назад +4

    thanks

  • @z.m3187
    @z.m3187 2 года назад +1

    Best chanel ever

  • @Maylaas_Library
    @Maylaas_Library 2 года назад

    I have mocks tmrw and I am so scared, but these videos are helping :)

  • @parkour.11parkour58
    @parkour.11parkour58 5 лет назад +10

    Hi sir, you know for the second question which asked about how much interest earned, shouldn't it be £90.81, because you do 2590.81 - 2500= 90.81

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад +4

      parkour .11Parkour please see the pinned comment 😁

  • @sohnelbains3102
    @sohnelbains3102 4 года назад +4

    yes i finally get it !

  • @H4my_J4mmy
    @H4my_J4mmy 4 года назад +1

    this helped me so much

  • @mako.chiwariro9978
    @mako.chiwariro9978 2 года назад

    Very good video thank you .Really do feel like i'm capable of getting my target grade 7

  • @merlinmthw04
    @merlinmthw04 3 года назад +3

    Thanks for uploading the video! it was really helpfull!?!😁

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад +1

      So glad to hear it! Are there any other topics your looking at next? 😁🙏🏼

  • @zainintheflesh7692
    @zainintheflesh7692 4 года назад +2

    you should do going through past papers i think it could help

  • @Sophia-ur1nb
    @Sophia-ur1nb 5 лет назад +5

    Great video! Really helpful :)

  • @ahmD-ce8cr
    @ahmD-ce8cr 5 лет назад +30

    Hi sir, at 6:49, doesn't it day how much interest does Alice earn, therefore you have to minus the original £2500 from the total earned after the 2 years?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад +21

      Ahmed Mustafa Whoops I started talking about the calculator buttons and forgot!! 🤣🤦🏼‍♂️

    • @anaidaazavedo7102
      @anaidaazavedo7102 4 года назад +1

      yes

    • @RobertPageArt
      @RobertPageArt 2 года назад

      @@TheGCSEMathsTutor would she then have earned £590.81 interest ?

    • @antonroy415
      @antonroy415 2 года назад +2

      @@RobertPageArt No it would be £90.81 since it's £2590.81 - £2500, which equals £90.81. Hope this helps!

  • @MohammedIsmail-uj8yl
    @MohammedIsmail-uj8yl 8 месяцев назад +1

    perfectly explained topic

  • @d_sam16
    @d_sam16 3 года назад +1

    Thank you man, didn’t understand it before, all sorted now. This helped a lot

  • @farinafan7464
    @farinafan7464 3 года назад

    you are amazing sir.....my exam a month away...anytips..only 40% confident

  • @bahijakan2346
    @bahijakan2346 4 года назад +1

    You are the best 👍👍👍👍😃😃😃

  • @zubemughal7823
    @zubemughal7823 3 года назад +1

    Thanks it helped a lot

  • @ahmadalmohamad2610
    @ahmadalmohamad2610 5 лет назад +4

    Sir thank you 👏

  • @s.m0690
    @s.m0690 3 года назад +1

    Lov you so much

  • @UJR995
    @UJR995 Год назад +1

    Hi might not be the best way for some people but I always find the way of working out what 10% or 1% is first makes it easier for me.
    So to find out out 1% for this sum
    4000 ➗100 = 40
    40 🟰1%
    40(1%) ✖️2.4(%)🟰96
    40✖️

  • @adamabiani1134
    @adamabiani1134 3 года назад +3

    THANKS SO GODDAMN MUCHHHH

  • @ShaniaMhango
    @ShaniaMhango 3 месяца назад +2

    Anyone else love the intro music

  • @lolllhello7718
    @lolllhello7718 5 лет назад +4

    At 3:14 approx can you do 4000 multiplied by 0.024 and then add the answer to the original amount or do you have to do 4000 multiplied by 1.024 and just get that answer? I was confused because both ways you get the correct answer

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад +3

      Lolll Hello Yes you can absolutely do this too, just in 2 steps rather than one 😁

    • @lolllhello7718
      @lolllhello7718 5 лет назад +4

      The GCSE Maths Tutor ok thank you would this interfere with any of the following steps though

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад +2

      Lolll Hello yes as you would need to repeat this process for however many years it requires 😁

    • @lolllhello7718
      @lolllhello7718 5 лет назад +4

      The GCSE Maths Tutor thank you

  • @Zaryabthevloger
    @Zaryabthevloger 3 года назад +1

    Thank you so much sir ❤

  • @007e.c9
    @007e.c9 4 года назад +3

    im learning this in year 8 right now

  • @iiiyreoroblox7016
    @iiiyreoroblox7016 2 года назад +1

    thank you so much !

  • @user-wx9xq9kv5v
    @user-wx9xq9kv5v 4 года назад +1

    hey sir this was so useful thank youuu

  • @skykingtenz1232
    @skykingtenz1232 3 года назад +1

    thanks, great video

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад

      So glad you are enjoying them! Let me know how you get on 😁🙏🏼

  • @ramanathanannamalai3615
    @ramanathanannamalai3615 2 года назад

    Omg thanks I have my final year examination in a week and my IGCSE in a year(mom wants me to get A*)

  • @theredstonebuilder1120
    @theredstonebuilder1120 3 года назад +1

    Here's another way of working out questions like at 14:37 (when working out the value of x%).
    You make a formula like this
    8000 × ((100 + x) /100)^3 = 8589.93
    That bracket part in the middle is to work out your multiplier, and the x is the actual percentage.
    Then you rearrange (divide by the investment).
    ((100 + x)/100)^3 = 1.07374.....
    Then cube root both sides.
    (100 + x) / 100 = 1.02399....
    Then times by 100
    100 + x = 102.399...
    Then subtract 100 from both sides.
    x = 2.399 which rounds to 2.4.
    So x = 2.4%
    Hope this helped, I find it an easier way. But use whatever you prefer 🙂

  • @Kazkokia
    @Kazkokia 5 месяцев назад

    11:58, 6204 multiplied by 1.008 to the power of 2 doesnt equal 6303.66. it equals 6105.10

  • @domesticd3signer339
    @domesticd3signer339 3 месяца назад

    16:20 what if the amount of years is a lot for example like 10 years, and you dont have a claculator that can root 10?

  • @abdullahcheema3846
    @abdullahcheema3846 2 года назад

    I love ur videos

  • @krxtan
    @krxtan 5 месяцев назад

    appreciate you

  • @Lucaskalabza
    @Lucaskalabza 2 года назад +2

    Thank you very much , it’s very informative. For GCSE on the formulae sheet it says:
    Total accrued = P(1+ r/100)n
    Do we not need to use this?
    Thanks! :)

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  2 года назад +1

      You can if you want! It’s never a formula I’ve found necessary but it’s there if you need it 😁🙏🏼

  • @Kauser-f7f
    @Kauser-f7f Год назад +1

    Hello Sir, would the last question not round to 1.02 percent (2d.p) or 1.018 percent for 3d.p, or have I rounded incorrectly? Thank you for these videos - they are immensely useful.

  • @nosir1479
    @nosir1479 4 года назад +2

    Could you please make a video teaching every GCSE Grade 8-9 Topic, GCSE Grade 6-7 Topic, etc.??

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  4 года назад +1

      No Sir unfortunately this is near impossible to do, one topic can stretch from grade 5-9 depending on the complexity and variety of topics involved, this video ruclips.net/video/o9VuZhCqR2U/видео.html covers all the topics from grade 6-9 but to categorise them into one grade would be misleading as we can’t really classify some of them as being a ‘grade 7’ or ‘grade 8’ question, they are merely a collective that fall within a spectrum, we can certainly classify a ‘grade 8-9’ topic or style of question and I have done a grade 8-9 playlist to help with this! 😁🙏🏼

  • @anikaali5096
    @anikaali5096 5 лет назад +3

    Hey could you please kindly do a video on repeated percentage change
    as i dont get how to do it please .Thank u...

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  5 лет назад

      If you check out the 3 videos in the percentages playlist these are all the fundamentals behind repeated percentage change, even this in itself is a repeated percentage change. The only thing different to these is maybe increasing and then decreasing by a percentage!! I will make a video on this very soon though 😁🙏🏼

  • @xyeonjvnzx
    @xyeonjvnzx 2 года назад

    At 7:29 wouldn’t Alice’s interest earned be £90.81? The answer you have written is her new amount.

  • @hannaabdi9423
    @hannaabdi9423 4 года назад +4

    sir is reverse percentages for foundation to? and can u please do some quick fire practise questions for maths because iam really struggling with maths and next year im in year 11 but thank u!

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  4 года назад +1

      hanna abdi Absolutely! Reverse percentages is a grade 5 topic so can appear on the foundation paper! Have you watch my video on it? I will do some smaller quick fire stuff closer to the exams for sure 😁🙏🏼

  • @coolguy3943
    @coolguy3943 3 года назад +1

    22:41
    Please answer! Would there be leniency with the 2nd question in an exam? Eg if I took away 1 from 1.017... and gotten 0.0179..., then multiplied by 100 to get the percentage, getting 1.799... %, would that still be a “correct” answer? Thanks

  • @georgiax1199
    @georgiax1199 2 года назад

    Legend🙌

  • @thalapathyveriyans2439
    @thalapathyveriyans2439 3 года назад +2

    Hi sir I’m doing the ocr maths resit higher paper in 2 weeks. Can you tell me your best video link because it will help a lot. I got a grade 5 in foundation but I want to do the higher and get a grade 6.😊😊

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад +1

      I would say this is your best option:
      Everything for a Grade 6-9 in your GCSE Maths Exam! Higher Maths Exam Revision | Edexcel AQA & OCR - ruclips.net/video/o9VuZhCqR2U/видео.html
      Hope that helps 😁🙏🏼

    • @thalapathyveriyans2439
      @thalapathyveriyans2439 3 года назад +1

      @@TheGCSEMathsTutor thank you sir you need to realise how helpful you are. You are a king

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад

      So glad to hear I’ve helped! Thank you so much for the kind words 😁👑

  • @astericclmao1626
    @astericclmao1626 3 года назад

    Very good

  • @gauthamathewwahandi4003
    @gauthamathewwahandi4003 2 года назад +1

    hi,
    how do you find compound interest being compounded monthly.

  • @balleristic1796
    @balleristic1796 Год назад

    So when asked a quetion that asks how much interest or how much they had it is still the small working out

  • @freyalibby
    @freyalibby Год назад

    19:51 why are you timeing it by 1.025 ?

  • @All-rounderHashir
    @All-rounderHashir 3 года назад

    14:20
    What if the question asks us to show 'working'? How do we solve it in the equation way?

  • @tylerparker9255
    @tylerparker9255 5 лет назад +10

    Does this work with any question where you have to increase the percentage by a certain number of years?

  • @user-sy1xb2ww5o
    @user-sy1xb2ww5o Год назад

    is there a way you could link the powerpoint in the description so that we can download it and save time writing out the questions?

  • @zentmgg
    @zentmgg 3 года назад

    the tune is a bop

  • @adamraza7536
    @adamraza7536 3 года назад

    can you please make to logs method video on this

  • @Staxdust
    @Staxdust 11 месяцев назад

    your trick just saved me. I feel like Einstein 😭😭

  • @shahnarifan6816
    @shahnarifan6816 3 года назад

    are we allowed to use a calculator for all the questions in the cambridge maths o/l paper.pls let me know

  • @jordank682
    @jordank682 4 года назад

    Hi I was wondering when the higher only content starts in the video?

  • @incogxcc
    @incogxcc 3 года назад

    I have this coming up in my non calc test but I've always been taught to do it with a calculator . How is it possible for compound interest and depreciation supposed to be done without one?

  • @ipurpleungi1832
    @ipurpleungi1832 2 года назад

    for questions like at 18:40 is it okay to have a near answer like 2.3% or 2.5%? will it still be given a mark?

  • @zynahzeeshanzafar1000
    @zynahzeeshanzafar1000 3 года назад +1

    i dont understand how u got 0.024 in the first question is it the multiplier ?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  3 года назад

      It is indeed! This video should be super helpful I made it specifically for this question: ruclips.net/video/kLqvFDgdOKI/видео.html 😁🙏🏼

  • @marymmoon1190
    @marymmoon1190 Год назад +2

    u know for the first one why did you not add the 4000 thousand pouunds to the total amount?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  Год назад +1

      Does it say to give the interest or the total amount? 😬🤞🏼🤞🏼

    • @marymmoon1190
      @marymmoon1190 Год назад +2

      "how muh he has in the savings account after 3 years? and also the frank question where he invests 8000 do u add that to the amount at the end or not?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  Год назад +1

      @@marymmoon1190 I have used a multiplier method in this video, so it’s added it into the original amount for me 😁 if I used a different method to work out the 2.4% and 0.5% then I’d have to add it on at the end!

    • @marymmoon1190
      @marymmoon1190 Год назад +2

      @@TheGCSEMathsTutor so whenever u use the multiplier method u dont need to add what u started with at the end?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  Год назад +1

      @@marymmoon1190 exactly! 😁🙏🏼

  • @tsTURTLE
    @tsTURTLE 3 года назад +3

    i don't get it

  • @chaudharyayaan6761
    @chaudharyayaan6761 2 года назад +1

    hi we have been taught a formula to find this instead of multiplying again and again, so why didnt you mention that?

    • @TheGCSEMathsTutor
      @TheGCSEMathsTutor  2 года назад

      I use a formula in all of these, I just don’t write out a formula as it takes away from the understanding, but you can use a formula if it’s something that you prefer 😁🙏🏼

  • @Akaza_edits987
    @Akaza_edits987 Год назад

    I got 69% tysm

  • @pandaplaysroblox1244
    @pandaplaysroblox1244 4 года назад

    do this principal x rate divide 100 add to principal do again with new principal for each year

  • @Beyss056
    @Beyss056 2 года назад

    on the second question wouldnt you minus answer by 2500??????

  • @harishussain208
    @harishussain208 4 года назад

    Nice intro