Compound Interest & Depreciation [IB Math AI SL/HL]

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Revision Village - Voted #1 IB Math Resource! New Curriculum 2021-2027.

This video covers Compound Interest & Depreciation. Part of the IB Mathematics Applications & Interpretation SL & HL courses in Topic 1, Number & Algebra.

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  1. Revision Village
  2. IB Math
  3. IB Mathematics
  4. Applications & Interpretation
  5. Compound Interest
  6. Depreciation
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Your channel is saving my IB math grade

J__-tdrc
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Can you help me solve this? I have $10, 000 invested at 20% interest per year, compounded daily. BUT, in order for me to collect the interest (and reinvest it) I have to pay 40cents (regardless of how many days of interest have accumulated). What is the optimal number of days that I should wait to collect my interest and reinvest it?

danielcooper