Simple and Compound Interest

This video will show you how to compute simple and compound interest problems. You will learn how to find the total amount of money that you will earn or owe depending on the principle, interest rate, and length of time.
P = Principle
R = Intrest Rate (remember that this is usually given as a percentage and you need to convert it to a decimal for computation)
T = the length of time that the money is invested or borrowed for.

Category:

Education

Tags:

• Simple
• and
• Compound
• Interest
• Mr.
• Edvik
• Math
• Teacher

[dreamingincolor4ever]

I'm not sure how to do the 5th power thingy on my calculator. Is it a specific button on a normal calculator?

[MrEdvik]

@dreamingincolor4ever

Are you using a scientific calculator? If so, there is probably a button that has a y with an exponent x above it. Sometimes it is a ^ button.

[awesome5343]

Wow I did this in 6th grade learned simple interest in 1 minute I was absent but still learned compound interest in maybe 5 minutes

[Lanarkwow]

Nice video but boo Yankees and Go BlueJays and please come back Expos ! (yes i am from Canada)

[MannysFresh365]

booleg version of yourmathteacher

 =D

[rexisprime12]

Brother so great job sorry about the typo

[rexisprime12]

Hey I'm an 8th grader at entheos mr edvic I'm sammy's litt

[dreamingincolor4ever]

@MrEdvik yes i am. maybe i'm just doing something wrong.