Simple & Compound Interest + The Compounding Most CAN'T Do - GRE / GMAT Quant

This video isn't just about Simple & Compound Interest - it covers the Compounding Students CAN'T Do. This GRE / GMAT Quant video by a 340 GRE scorer also covers compounding monthly, quarterly, semi-annually etc. Very few students get this right.

With 4 worked interest questions, covering both simple interest on GRE / GMAT, compound interest GRE / GMAT and compounding quarterly etc. With simple steps, what can you learn? If you’re now ready to get into your dream MBA program, my former student, Angel, is offering virtual private Admissions coaching. She was admitted into Harvard Business School, The Wharton School of Business, and Columbia Business School (accepted into every school she interviewed for) after graduating from UCLA with a degree in Communication. She also got 3 perfect scores on the GRE’s Analytical Writing Assessment (99th percentile).

[qaziakashahmad]

You're the best GRE Math tutor I've ever come across. Brilliant, you are!!

[lehraa]

I was struggling with the quarterly compounded interest especially with the terrible formula provided in the books but this was easy to understand and remember. Thank you!

[harshithapramodh]

The first time I came across Compound interest was in middle school. I never understood it. But now I understand why we divide the rate by the number of periods and 100. Took me 10 years to understand this lmao. Thank you so much Philip. You are doing God's work.

[habeebadegboye]

you're simply the best Bro... you've made GRE/GMAT QUANT easier and less scary for millions of intending students. God bless you

[betinamureeh]

after searching far and wide, this is the first time i fully got to understand this lesson. i'll be taking the gmat next week and just brushing up on some last minute topics. the best! thank you so much!

[RiyaMishra-mf]

Was always scared of solving questions related to Compound interest, but not anymore. All thanks to you!

[adarsshsr]

It's been 4 years since this video was made, but even after the revised GRE syllabus, your videos are still relevant and succinct
Thanks a lot

[Gbemi]

I have read a lot of materials and yet the whole concept and formulas look so abstruse but your video of less than 20 min just clear all my doubt. Like you explain math concepts in a way that even a dummy would understand. Mehn hats off.

[haleemasadiya]

I've literally revisited this video many a times.😂. Thanks a tonnes tested tutor. This is gold.

[hasnathossain]

I officially the don in simple and compound interest according to sir Philips . Take love sir

[kshitijjoshi]

This Man is a legend. Wish you could teach me in person.🥺🥺 Your tricks and methods are really amazing. My GRE is in 18 days. I hope it goes well.

[AminaLaura]

I'm preparing for the GRE Test with the ETS GRE Maths Review handbook found online and your videos are really helpful.
Thanks for the tips, I'll make sure to practice the tricks to speed up the calculations.

[naveenkhan]

One more fantastic video! Feel like watching your entire channel, but would take an eternity - so going as per my need. Thank you Philip for helping us so invaluably for free!

[upasanasingh]

I swear, the best prep channel...this Man is Amazingggg

[saeed]

I'm in the process of preparing for the GRE, and your explanations make things look easier, I hope I will be able to perform very well on the exam as well.

[neetimahajan]

The maths teacher I've needed all my life is you.

[aimankhizar]

You are by far one of the best GRE tutors I know! Thankyou for sharing your knowledge with us!

[Roll]

Percents and compound interest really scared me so much that I found it difficult to even try few questions.. seeing this video makes me believe that I can crack such questions.. my gre is in 18 days and I neglected this topic because of fear but now I will practice more questions.. thank you so much to make it so easyy

[harshn]

Your videos are just the thing for GRE Prep. Brilliantly explained. Thanks Phillip. It's just that I didn't get to know, how we got 1.005 at 9:50. we get the 1 by adding 1 (due to increase in final amount) to probably 0.005, but I didn't understand how we got 0.005 from 1/2 %

[MarciaArleneDebra]

The explanation is simple but adequate to help the novice learner become proficient in working with compound interest.