URPA Pt.3 Compound Interest

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Uploaded by on Aug 31, 2007

Brad Dugdale the executive producer for U R Pre-Approved briefly explains compound interest a formula that has changed the lives of many for better and worse.

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  • Why aren't classes like this drilled in to high schoolers instead of math that they will never use again? This is brilliant.

  • im in high school and im learning this but we learned this is simple intrest formula compund we learned is accumulated amount= principal times (1+intrest rate/period) ^ number of compound periods

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  • @crank454 yeh... a million bux in 65 years probably won't be able to buy you much. But 9-12% every year can be done by investing in the stock market... as long as you do your homework. Think about it, most people go to work 40 hours a week to make a few thousand dollars every year... but if you do your personal financial homework, you could me making more than your salary every year with just a few hours work/week

  • I seriously need to get in on this.

  • While looking for sites about compound interest I found your site on URPA Pt.3 Compound Interest.

  • I agree with this except for:

    - did not show how to earn 9-12% every year

    - also you do not calculate/include inflation - erosion of the dollar

    other than that nice video.

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