PreCalculus - Exponential Function (6 of 13) Yearly, Monthly, Weekly, Daily Compounded Interest

In this video I will find the money accumulated of an $1000 investment compounded yearly, monthly, weekly, and daily at 8% interest.

Next video in the Exponential Function can be seen at:

[mj-npwb]

Daaangg this is much more easier than memorizing different formulas for yearly, monthly, weekly and daily....*sigh* saved my life. Thank you man !

[TU-qcxr]

thank you! you got me through physics and now you're getting me through math!! yes, I took physics before I took math! thank you!! WHERE ARE ALL THE MEN LIKE THIS! ?

[Hannah-gwqd]

Sir you are amazing. I love the way you are teaching. I never get tired of staying.
You don't know how much you make life easier.🙏

[brooklynmcfadden]

I just wanted to say, thank you so much! I've been watching these series of exponential functions videos and I'm
finally beginning to understand the concept. You manage to get across more clearly than my teacher does, so thank you, and keep making videos, you're a great help! :)

[andreadiedrick]

Thank you so much, you made it so much easier to understand compare to others.
Much appreciated.

[stevenrogersfineart]

I don't see how this is correct. It works fine for yearly compounding but when I do 20k (1+.05/52)*52 it's way less than it should be. What am I doing wrong for 5% gain compounded weekly on 20k ??

[ggBrUSA]

thanks for the series, so helpful... just to make fun: in 5years there would be an extra day so 366... :)

[greatgambler]

How do u calculate compound interest daily if p is 1000, time is 25 yrs, rate is 10% pa with daily additional of 1000 everyday with same rate of interest pa for next 25 yrs?

[Xyy]

I have a question… but when we should calculate n with years and months and days, what should we do ?

[la]

What if n equals 6 months and you are asked to calculate how much earn monthly?

[hasanalzahrani]

491.76 daily, is that means 491.76*365 ??

[brooklynmcfadden]

I just wanted to say, thank you so much! I've been watching these series of exponential functions videos and I'm
finally beginning to understand the concept. You manage to get across more clearly than my teacher does, so thank you, and keep making videos, you're a great help! :)

[brooklynmcfadden]

I just wanted to say, thank you so much! I've been watching these series of exponential functions videos and I'm
finally beginning to understand the concept. You manage to get across more clearly than my teacher does, so thank you, and keep making videos, you're a great help! :)