Introduction to compound interest and e
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@jeepnypitpits He got the example problem mixed up. If you borrow at half the rate (50%) for half as long, you'd get 1.25, given you only compound interest once. I haven't seen the video with exponents, logs, ln, and e yet, gonna have to check it out. I recommend you do the same. Cheers
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gay
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@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$
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why is 1+.50(50%) = 1.50 when my calc is saying 1+.50(50%) = 1.25 my calculator is Casio fx-991ES :-)
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r u muslim
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r u musim
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@TheMonikachopra I was being sarcastic. He was asking for double his money back.
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@andyct1982 Please keep your thoughts to yourself. Khan is awesome!!!
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Khan your a stingy guy. I'll never do business with you, but great video though.
andyct1982 3 years ago 22
Nice job. However, the last bit should be 1.0027 and not 1.027.
bittul 3 years ago 18