JCHL - Applied Arithmetic - Interest Rates

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In this video we will cover…
- What is interest?
- Simple Interest
- Compound Interest
-Calculating interest
-Tax – DIRT (Deposit Interest Retention Tax)

The start of the video discusses interest rates and why they differ. Not required for your exam but good background information.

Skip to 11:40 to start examples.

Applied Arithmetic Questions often contain a mix of topics. Here are all the JCHL Applied Arithmetic Videos:
  1. Miss Sarah Tallon
  2. Applied Arithmetic
  3. Interest
  4. principal
  5. future value
  6. interest rate
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