Introduction to compound interest and e

[147andymc]

gay

[jeepnypitpits]

why is 1+.50(50%) = 1.50 when my calc is saying 1+.50(50%) = 1.25 my calculator is Casio fx-991ES :-)

[xsonicxultimatefan]

@jeepnypitpits It is wrong because you use a calculator for such an easy task. Even if you had very little knowledge of Maths you would know that 1+50% = 1$+(50% or 0.5 or 1\2 of 1)$ = 1$+0.5$ = 1$+0.50$ = 1.50$

[mattsam123123123]

r u muslim

[mattsam123123123]

r u musim

[keddyking]

100/12 - 8.333333

[vickiormindyb]

Loan shark. My uncle met someone like that-and it ended up costing him his life.

He lived in New York City. He tried to buy time to pay it back and two weeks later he dies the most mysterious death I've ever heard of-and the cops didn't even TRY to find out what REALLY happened.

Damn scaredy cats insisted on the "accident" angle.

But that was weird even by accident standards. Besides that, he acted really strange the last time we ever saw him alive.

Accident my patootie. He met the wrong person.

[mrslove2learn]

I cant ever read with the tools you use. They need to be thinner and you need to not moosh it all so close together.

[MistaFranko]

Sal, i need a Dollar

[MistaFranko]

Sal i need a Dollar

[machi4velli]

Uhhh... 100/12 = 8 and a third ;)

[afreakenracoon]

HELP!!!

a car was bought for 25000$, each year it depreciates by 15%...

a) write an exponential formula that demostrates the cars value in (n) amount of years after it was purchased/

b) what is the cars value at the end of 3 years

c) after how many years will the value of the car be half of the original price?

PLZ HELP!!!! THANK YOU!!!

[Djcrazykidd]

@afreakenracoon I'd chose "A" , but thats me

[0princessleia0]

THANK YOU! i understand it now!

[lucidhyperblitz]

dude not right. 1.25 not 1.50

[a7thd]

is there some books of this subject (basic math fin) ?

[1001014]

Sorry, I made a mistake! You are infallible!

[1001014]

Shouldn't the amount you have to pay back per month be:

Original+Interest. But then it seems that you didn't add the original on?

[paulojunior201]

I LOVE YOU

[jceja24]

Remember folks in some states its illegal to charge more than 20%.... at least here in CA... unfortunately thats only for personal loans. Credit card companies and banks are exempt.

[hildesam]

$1 to feed my children...we're not in Africa buddy.

[smirnoff29]

50% of 1 in six months - 25 cents. comon sal tht ruins the whole vid

[DylanReel]

You're thinking of 50% per year, but he said 50% per 6 months.

[RallyMotoXfan]

just give the cunt a fiver

[sarafann]

genius, ty lad =)

[ananihdv]

100%/365 = 0.27%  which, when you convert to rate becomes 0.0027

[miamimanni]

Doesn't

100/12=8.333

[Falling4UToday]

he said 1/12 not 100/12

cuz he said 1 month out of the 12 months

lol not out of 100 months XP honest mistake!

[Falling4UToday]

lol crap i made a mistake lol ur right!

1 divided by 12= 0.08333 so it would be around 8.3 % not 8.5% but wtever

[alphaferrari]

easy vdo, i did'nt learn anything new, frankly!

[andyct1982]

Khan your a stingy guy. I'll never do business with you, but great video though.

[TheMonikachopra]

@andyct1982 Please keep your thoughts to yourself. Khan is awesome!!!

[andyct1982]

@TheMonikachopra I was being sarcastic. He was asking for double his money back.

[kittykattykoo]

I think this is kinda a repetition of an earlier video where compound interest formula was P(1+r)^t with P= principle, r= interest rate, t= time.

[doomkun]

those fucken thief's!!

[vkgoku2012]

what is A=Pe^rt

[rax7]

why not just simply use 10% per month instead of 8.5%? this should make it simple.

[bittul]

Nice job. However, the last bit should be 1.0027 and not 1.027.

[Wolven531]

@bittul completely right, xD

[chopperhead2011]

100% interest? THAT'S A DEAL!

[JBarAUS]

Nice video - you have a good way of explaining things. Cheers.

[ChaoticDax]

Cool vid... I knew all of this but I felt like watching it just for entertainment :P

Yeah you explain quite well. I bet people that have no knowledge about how interest work will find this really simple with all your explanations. I liked your video on advanced trigonometry with radians. Keep up the good work... soon enough you'll have a huge fan base... expect me to watch all your vids this summer. ^^