Compound Interest and Depreciation

GCSE Maths revision tutorial video.

[haroldspawacs]

Great😮, it's different from how my teacher taught me and this one I find it more simple

[Skeptoff]

very helpful got my maths test soon in 20 minutes wish us luck.

[NoLifeGamingOfficial]

wow this is the simplier way to do it my teacher tought me a=p(1+r/n)vnt formula which does work but your formula is much simplier

[dishanthakur]

Thanks man I was in need of some compound interest understanding

[darkspace]

Wow, what an easy cheat way through? Bro your a hero, thanks alot I appreciate it

[zakiabdalla_]

That was really helpful thanks so much 👍

[girlonline]

I am so confused at this question can someone please help me with this!!!!

Q) Briony invests some money
Interest is paid on the money at a rate of 2% per annum for the first year and 1% per annum for the second year
After two years the investment is worth £8653.68
How much did Briony invest?

[astrid]

Hi, in 13:23 it says 'every other year' so shouldn't it be 15000x0.8x0.88?

[julianpayen]

If I start with $100 in a trading account and I profit 300% each month, and I trade every penny I have each month, principle and interest, how much money will I have at the end of 1 year?

[todaysmenu]

thanks but how will you do this without a calculator