Depreciation of a Car Value

[nickphaux]

Hahah if only they explained things this well in school id be fine 😅

[HiVizCamo]

This projector board setup is great, very handy for all.

[mohammadzaid]

Percentages where one of the toughest for me
Thank you for this lesson

[Kamabushi]

Something we can use
This guy is a delight.

[ruthenianthruth]

I liked this video after 12 seconds of watching. This is exactly the case when math is a useful and practical skill.

It is called a complex % and this is a very simple and elegant solution.

[Impractical-ndss]

Thank you for explaining this to me in a logical perspective. I couldn’t remember the equation for this particular method, so I had to do everything by hand every time I dealt with compounding interest.

[davidlech]

You need to teach my calculus professor your methods of instruction. I learn as much in 60 seconds on YouTube as I do an 2 hr class.

[pace_]

In school they just tell taou the formula and how to use it. They tell you the waht and the application. This is very useful in understanding how it works

[solinoctis]

Nice. I just found out my cars current value and its trade in value after paying it off.

[yellowboxster]

Just plain inspirational, nice job with all your videos.

[isjosh]

Use formula:
p’ = p(1 - P/100)^Y

Let p’ = new price, p = original price, P = percentage of decrease, Y = years




Here’s the useless formula for p’ when Y=5:

p’ = (-P^5 + 500P^4 - 10^5P^3 + 10^7P^2 - 5*10^8P + 10^10)p / 10^10

[Princevx]

Amazing : Same goes for Compounding of money in positive.

[izalazuizal]

I'm so bad at math but thanks to you now i start to follow up.

[tcb]

Sir u are too good I was watching yt shorts while doing compound interest depreciation questions and this popped up

[manziwakisumu]

I have come into conclusion learning from YouTube does well than in school

[spmagtfx]

I had a similar problem. Thanks for reminding me to use this method.

[jennymarx]

You can even do that for 7% and subtract it from $24, 500 coz 7⁵ is comparatively easier than calculating 25⁵... thankyou

[SkipFlem]

for our younger viewers...R&H is
AM only and without air conditioning...

[smashingstuff]

I like you as a teacher I should have watch you more for my precal class right now I have to redo precal you can be a great help 👍

[chrisglosser]

Ok, let me tell ya how compound interest works. If you have a $10k balance on a credit card with a 25% APR interest rate, if you let the interest accumulate over a year, you will not owe 25% more, but 28% (=exp(0.25)-1) more, because the interest is compounded instantaneously.

Thanks Euler :-/