Time Value of Money- Compound Interest

Mary, Mary, quite continuously, how does your money grow? Uses examples to examine the difference between simple interest and compound interest, and to take a look at different rates of compounding. Learners explore what would happen as...

Your learners will get lots of practice calculating simple and compound interest by the end of this lesson. Simple explanations and examples lead learners through the concepts and steps of calculating simple and compound interest...

Continuing with the lesson on compound interest, in this video, Sal derives the general formula for any amount of principle, interest rate, and compounding periods over one year.

Sal continues to look at changing the length of compounding time, from daily to hourly compounding interest. Now he is able to show that compounding 100% annual interest converges on the number 2.71É or e as the number of compounding...

Finally arriving at the general formula for continuously compounded interest as A = Pert, Sal shows a few examples. In the first example, the interest rate, rate of compounding, term of the loan, and principal are all given, and one...

Your car-loving or money-loving learners will enjoy this quick video on the time value of money (interest) presented in two scenarios about investing a bonus check to increase its future value in order to buy a favorite car. The formula...

View this tutorial for more than just a description of the formula for compound interest! An instructor goes through a problem, showing how to find simple interest and compound interest. After she completes each version, she explains the...

Sal continues to look at changing the length of compounding time, from daily to hourly compounding interest. Now he is able to show that compounding 100% annual interest converges on the number 2.71É or e as the number of compounding...

Many math concepts are covered through this resource: percentages, decimals, ratios, exponential functions, graphing, rounding, order of operations, estimation, and solving equations. Colorful worksheets and a link to a Google search for...

Money, money, money. Love it! You want to earn interest on what you put into your bank account. So you make an investment to earn compound interest and you want to know how much money you will have in 60 months. Well, there's a formula...