Ex: Determine an Account Balance Using Simple Interest

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This video provides an example of how to determine an account balance after t years earning simple interest.
  1. Mathispower4u
  2. simple
  3. interest
  4. account
  5. balance
  6. principle
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OMG YOU ARE AMAZING I TOTALLY UNDERSTAND THIS NOW AND THANKS TO YOU I DIDN'T UNDERSTAND IT WHEN MY TEACHER TOLD ME ABOUT IT BUT NOW I DO!!!! THANKS SO MUCH!!!

ayliinn
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THANK YOU!!!! I understand this way better now.

tamekadudley
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YOU ARE A LIFE SAVER!! I HOPE GOOD THINGS COME TO UR LIFE MAN

BVB_rose
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I want to determine my annual growth rate calculating random deposits on random dates using my current balance.
I have a spreadsheet crudely solve this by me manually adjusting the rate until it calculates the sum of all deposit at this rate and the amount of time since the deposit was made equaling my current balance.
how would I solve for the annual rate using current balance?

rotagbhd
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I have covid and im staying home, I don't know how to do this because my teacher couldn't tell me cause im at home, so thanks for helping me out man.

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