Video Links 11-1
Videos:
Simple Interest Formula (time: 6:31)
http://www.youtube.com/watch?v=zWwSwLUV6L4
Simple and Compound Interest (time: 9:55)
… See the whole entry
Compound interest formula
Homework Hints 11-1
Note: Homework Hints are given only for the Level 1 and Level 2 problems.
However, as you go through the book be sure you look at all the examples in the text. If you need hints for the Level 3 … See the whole entry
Section 11.7: Summary of Financial Formulas
11.7 Outline
- Definition of variables
- Classification of financial formulas
- simple interest formula
- compound interest formula
- future value problem
- present value problem
- ordinary annuity
- present value of an annuity
- sinking fund
- amortization
…