Interest Rates Explained | How to Calculate Interest Rates and The Impact They Have on Businesses.

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Watch this video if you want to understand interest rates and how to calculate them.

This video explores the concept of interest rates, how they impact businesses and how to calculate interest rate with a bank loan example.

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This was really helpful for upcoming mock exams as teachers never specify how to calculate interest

aydinleaney
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Delete this so I don't have to do some homework on this

Mades.
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If your so smart! loan for £25, 000 but has a total repayment of £27, 000 what’s the interest rate?

patrickbateman