Simple Interest Formula - YourTeacher.com - Math Help

[SaltyScenario]

I like the way you talk, babe c;

[sdk2fly]

u teach better than my middle school teacher Mr.******

[Vampireloverwalks]

@sdk2fly Hancock D'X

[Rezmutt789]

thanks a bunch. my teacher sucks dick at teaching.

[iheartblue18]

What if the YEAR / TIME is a mixed number? how can i change it into a Decimal?

[Loguhn]

whenever i need help with homework i just come here

[RagingDemon89]

Thank you for the video.

[marcel911]

Wow she writes really neatly. Puts my scrawl to shame.

[tariqK96]

Wish you was my math teacher

[TOproFORthis]

you put my teacher to shame.

[MrJumentous]

she talks a lil funny,lol

[xACEx69]

wth i think she did her math wrong

[whysofruit]

Evil eye at the end :o

[RuneScapeZhen]

i needed this thanks

[RuneScapeZhen]

how you so pro?

[kiwigymnast16]

gotta love youtube. <3

math test tomorrow. studying.

youtube = awesome studying tool

[Freya06]

@kiwigymnast16 Too true

[MarisolGoofy5]

OHH YEAAAH :D!!

[TheChickenWingsIX]

You teach better than my teacher:)

[kerwinchadrick]

@TheChickenWingsIX YES! THAT IS TOTALLLY TRUEE :)))))))))))

[Efan71]

3000x9x5 over 2 is easier..trust me

[XoxoGuessWho]

Her voice annoys me

[GigantoGamesReviews]

PRT/100 is simpler, just dont change the rate into .09

[bloody99pker]

*Then

Sorry, I couldn't edit my last comment.

[bloody99pker]

I completely understood how to do this after watching her do the problem!!! :D

The funniest part is.. I'm deaf! So you don't need to actually listen to her talking, just see what she does, than you'll know what to do.. :)

[Sierratiffany2011]

that was very helpful! (:

[bravo123345]

just saying guys, if your just learning this you don't have to multiply 3000 by .09 like she did. You could of put the equation over 100(beacause 9% is 9/100) and cross out two of the zeros on 3000 and all you would be left with is 30x9x5. Just saying but don't let me confuse you if you don't understand what im trying to say(it's not hard just harder to understand if someone is typeing to you than talking to you) either way it does not make a difference which way you do it....

[colorfulvectors]

Very nice. Supposed to be Borat Sagdiyev loves such a business. You can give him 3000 dollars and then, wait 5 years for taking a 1350 dollars back.

[caillou1718]

Thanks, I needed this for my Spring break homework. :-)

[halo3limas]

i sort of get it but its still good

[pawbak02]

it's bullshit. After every ear you get 1,09 x money.(3000$x1,09=3270$)

but the money in 2nd year is 1,09 x first year's money (1,09 x 3270=3564,30)

etc., formula is tot what is in desc, but PRINCIPAL x (1+ 0,09)^5=4615,87

sorry for my english

[FigAmig]

Ahhh Youtube.. Why you so clever?

[myestl]

i realy needed this for homework

[XXThePlatinumXX]

and this isn't good .. I prefer listening to my teacher than to you .. I'm just confusing me self. No offence

[XXThePlatinumXX]

I should start paying more attention to my math teacher ..

I shouldn't be on YouTube knowing how to solve simple interest.

[321beth321]

so you multiply everything? i did that but got a wrong answer still... :\

[321beth321]

@jj23459 thats mean... lol

[Ven01273]

Now i can do my homework

[bryanrock101]

thanks... :)

[Ladysugarshaft]

@xxCNELLxx I was a junior in college when I first viewed this video. I have since graduated!

[IAmKingSD]

Yo..what if it asks you to find the rate or time ...just do the same thing?

[Nerdotron3000]

thanx but I want a vid that can give me help for a missing principal

[bambix24]

thank u youtube man my parents didnt even know this shit

[AliceandDamon]

OMG Thank you!!!!!!!!!!!!!!!!!!

[vulljak]

wonderful this is very helpful she is very clear

[luckeyace1]

i wish she was my math teacher...

[muchachita431]

Thank you so much! Now I can study for my Mathematics Exam tommorrow! :-)

[dragontearz34]

@muchachita431 Hopefully you did better on your English Exam.

[MrNell84]

Compound Interest is a little more challenging

[1991hayla]

i am studing in Egypt 1 st year Alex university English commerce

.i have some problems from math.and this video so much help me.

thank you very much it was very clear!

Hayla from AZEBAIJAN

[glavandread143]

now i get it..but i need to know how to derive the formula..please answer,,i need this for my report...

[xxxxisberrxxxx]

how does it equals 270.00

[1guitarfreak4]

@xxxxisberrxxxx 9 times o = o so theres three o's. 9 times 3 = 27. thats 27000. and the .09 has two decimal numbers (0 and 9) so you move the decimal two places to the right. that would be from 2700. to 270.00

[yankeesman75]

@1guitarfreak4 yeah but then you would need to multiply by 5 years since the problem is clearly asking you for the simple interest for five years.

[1guitarfreak4]

@yankeesman75 i know, but someone wanted to know how it equaled 270, not the whole answer

[GastroGreen]

Shes strangely hot.

[adamsjay212]

@GastroGreen

LMAO!!

[riche219]

@GastroGreen Any girl that helps you with homework is strangely hot haha

[Vampireloverwalks]

@riche219 OxO Y IS SHE HOT?!

[dontdodrugs666]

simple interest is way easier than the uniform motion stuff.. :)

[daniel869106]

yes finally i can do my homwork thanks

[a7thd]

Hey guys !

do you know books about this (basic finance math) ?

[awaprice]

SoundAdvice4u is this for SIMPLE INTEREST?

[a7thd]

@awaprice yes it is SIMPLE INTEREST , look at the title =B

[babyisa1]

yeah you rock

[SoundAdvice4u]

This is completely wrong! The balance at the end of each year would be

1) 3270.00

2) 3564.30

3) 3885.09

4) 4234.74

5) 4615.87

thus the interest earned would be $1615.87

[xxmacoxx8]

@SoundAdvice4u  how is it wrong?

[nicmav47]

Ok i got my exam in a couplpe of hours and i dn't have clue what she jus sed... :/ im screwed!

[CHICAGOSFINEST2010]

Great!!!!

[wellingtonapetece]

sua vaca fala brasileiro

que questões facil

acerto de olho fechado>>>>

[mushufreak]

if the principal was missing or something else. what would the formula be?

[Tyakatyrone]

Wow what school does she teach at...I would love to have her as my math teacher :)

[SuzumiyaHaruhi0]

AYA HIRANO

[hdknight97]

=3000*(1+.09)^5

[bartjebeltegoed]

How stupid of mine not to think about that :D

I think too much in terms of differential equations ;)

[bartjebeltegoed]

This simpel formula is not really reflecting a real scenario, because of compound interest. (interest itself generates interest).

Interest is not 1350, but 1616.

P*e^(r*t)

where r = ln(1.09) and P = 3000

After 5 year: 3000*e^(ln(1.09)*5) = 4616

Einstein called compound interest the most powerfull force in the universe ;)

[tmarr34]

The title of the video is "Simple Interest"

[bartjebeltegoed]

I am aware of that. I know the intend of the video is to show a simple formula.

I was just pointing out that the simple interest formula has flaws people should be aware of when applying in practice.

If the exponential function with the euler number is too complicated, one can use the simple interest formula in this way;

Calculate the total sum of money after 1 year (interest+principal), than take this number to calculate for the next year, and so on. Iterate through the 5 years.

[bdub24j]

Simply and to the point. Nice.

[hildesam]

I'd hit it

[hempscreekgirl]

omg she looks like and sounds like

April Bowlby off of two and a half men the one that plays candy .

[karlthepwner]

Oh yea she does sound like candy lol, hehe

[carranzapz]

i wish she looked like her

[AliceLovett]

Thanks! It helped :)

[ryandell25]

there is also an easier way by doing (3000)(9)(5)/100

[Ashleeyy33]

lol

[earll2001]

Im not trying to confuse anyone,but I also took 3,000 x 0.05=150 divided it by 9.I got the same answer.

[funny4ever1]

thank you !

[Ladysugarshaft]

man, i love youtube...i so needed this for my homework.

thanks;-)