Business Math - Finance Math (1 of 30) Simple Interest

In this video I will define simple interest and finds accumulated amount=? of a $2000 investment.

Next video in this series can be seen at:

[ashwinsiddu]

sir u r absolutely great at teaching...u just helped me a lot and thousand other students all over the world..no words to mention ur great dedication..

[hannynero]

You need to understand how to use formula and percentages before you can get him. I first went through some struggles then later get what he's saying. Thank you I love it

[jslnazatulhafeezah]

this guy changed my life. thank you sir, love from malaysia!

[cynnombre]

You explained this very well. I haven't started my mathematics of finance class yet but I will be watching your videos to start understanding it. This video was great and you made it very easy to understand. Thank you!

[concerned_]

Unless I missed this, he forgot to say that interest is calculated per year, as in $2, 000.00 X 5% (.05) which is $100 for that year. As it is not compounding, that interest for the first year is not added to the initial investment or loan. This is repeated for year two, and year three hence, $300.00 in interest plus the original $2, 000.00 is $2, 300.00

[catherinetsuses]

Very clear and simple to understand. Short and sweet. Thank you😅

[JeremiahMcPeck]

Thank you for taking the time to create and upload these videos on #CollegeMathematics / #FinancialMathematics! I just watched the first and it was very informative; looking forward to learning from the rest. May the Lord bless you! ~ John 3:16-18 etc; Romans 3

[TotemoGaijin]

This is the kind of math I wish I'd been offered in high school, instead of garbage math like algebra and pre-calc. This is stuff you can actually use on the day to day.

[kingblue]

This is the first time some one show me this and I understand so clearly!!!, i you're a genius.

[exhuixc]

thanks so much for the video! i'm starting college in a few months. going to watch more of your vids!

[antommylim]

I watch this simple tutorial like this to practice my python programming. If you're trying to learn programming, it's very useful to practice with simple high school math like this

[zeynepcinar]

next year i have finance math. might use these videos as a way to undrstand the equations, math for class. you are awesome. at what you do. !! 😀😀

[RijaMo]

trying to relearn what ive studied in college... this guy bowties fcken adorable

[rachouthimo]

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Ex. Monopoly, crosswords, soduku, etc.

[sillycheesefart]

this video just taught me everything my teacher has been struggling to teach me for three weeks !! i’m so happy !!!

[elizabethmstudios]

When talking about interest rate, I expect it to be expressed as $/(time). This explains how much money are you accumulating over a certain time period.

The 5% interest rate from your example is therefor vague. It could have been 5% per month, quarterly, half yearly or even yearly

[janetpuk]

Thank you so much for the explanation, I understand better than what I learned at school.

[leylasolmaz]

you are really good at all of the topics that you teach. you are doing big favor to all student in all around world. Thanks sir

[lakoosdragon]

Dude idk how to put it but by the end of the video everything clicked and I felt like I was so smart 😂 thank you so much

[meishanails]

SCREAMING THANK YOU SO MUCH! Really appreciate the needed help