Instructional Video

Khan Academy: Interest (Part 2)

Curated by ACT

A video [11:40] explaining the equation to calculate simple interest for a single period and to calculate interest when it is compounded at different intervals. This shows the difference between simple interest and compounding interest.

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Concepts
economics, simple interest, interest
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Additional Tags
calculating interest, compounding interest, khan academy, khan academy: interest (part 2)
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)