Recurrence Relations, Rules and Financial Maths

The similarities and the difference between Number Sequences and Financial Number Sequences explained with an amortisation table, simple interest and compound interest examples. Watch for the changing time periods though...
Looking back - 00:40
Amortisation table (V0 explanation) - 02:35
Financial Recurrence Relations and Rules - 05:22
Simple Interest - 09:00
Compound Interest - 12:42
Compound interest with different time periods - 15:49
Important Terminology - 21:02
Summary - 24:12