Compound Interest - More than Once Per Year - Part 2

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  • Опубліковано 12 січ 2025

КОМЕНТАРІ • 26

  • @patrickjmt
    @patrickjmt  14 років тому

    @bluemicrowave64 the problem should specifically state that you are earning simple interest or compound interest

  • @LoneEmpress
    @LoneEmpress 12 років тому

    OMG Thank you SO much! I have the worst teacher for finite math on the face of the earth and had to complain about him to my Dean in college. There's a good chance he isn't coming back, but it doesn't change the fact that my GPA is going to be shot. YOUR VIDEOS HELPED ME GREATLY!!! Thank You Thank You Thank You!!! :D

  • @lukebonnici5627
    @lukebonnici5627 11 років тому

    You've been a big help :),I've watched many of your videos but never commented. Just thought i'd tell you that you make what my book makes look hard so easy!! And if you're calculating those numbers in your head my mind is blown!
    thanks from Australia :D
    - Luke

  • @patrickjmt
    @patrickjmt  16 років тому

    well, i dont think you would need logs for anything in this problem.
    if we are solving for the exponent (maybe we had to figure out how many years would be needed under certain circumstances, for example) then we would need logs

  • @jaidagamal8339
    @jaidagamal8339 11 років тому

    Thank you man! Your videos have always been a great help to me :)
    This comes from Egypt! :)

  • @sigmaoverglocks
    @sigmaoverglocks 11 років тому +1

    How do you add it if you deposit additional money into it each month? Say 1000.00 each month.

  • @kylecoolio12
    @kylecoolio12 16 років тому

    excellant explanation, however, once again, question: do these types of scenarios play a role in professional accounting or is it more so directed to a financial adviser or careers of that nature, greatly appreciated!

  • @MrVinnyable1
    @MrVinnyable1 13 років тому

    Thank You
    -From Thailand!

  • @nismnoschism
    @nismnoschism 12 років тому

    This was uploaded on my birthday. :). N it helps me so Ty for the b day present

  • @CareFree014
    @CareFree014 7 років тому

    Thank you so much, your videos are very helpful and very well formulated.

  • @bluemicrowave64
    @bluemicrowave64 14 років тому

    when do you know when to use the simple interest formula or the compound interest formula?

  • @aparrotslife
    @aparrotslife 15 років тому

    Thank you, Patrick!!!

  • @patrickjmt
    @patrickjmt  15 років тому

    happy to help : )

  • @apple0049
    @apple0049 13 років тому

    hey i have a question, if it is not compounded monthly, but instead semi anually or every 3 month, what should the "n" be? if its monthly , it is 12 but what about other examples? should it be semi anually then n=2?? and every 2 month compounding is n= 4?? thank you so much in advance

  • @barneel0verz
    @barneel0verz 14 років тому

    great videos, they really help me out a lot since my math teacher is garbage. are there still video ratings because i want to give this a 5 but i cant find where since they changed youtube

  • @brignotmuzyamba8014
    @brignotmuzyamba8014 12 років тому

    You are doing a good job sir, God bless u and always remember God lovs u.Keep it up.

  • @SoccerChic177
    @SoccerChic177 14 років тому

    Very helpful. Thank you :)

  • @dominicantuloab
    @dominicantuloab 15 років тому

    thanks dude I had the exact type of problem 5/5 dude

  • @sarazuu
    @sarazuu 13 років тому

    How would I solve this problem: Suppose you invest $200, at a 9% per annum, compounded quarterly. How long will it take your investment to double?

    • @hannsgorada
      @hannsgorada 6 років тому

      =7.79 :to those who want to solve this

  • @gokharol
    @gokharol 12 років тому +1

    Lol "...for my kids, for a rainy day..." :D

  • @camillevs
    @camillevs 14 років тому

    Thank you .

  • @sanjamagha
    @sanjamagha 13 років тому

    grt thnkssssssssssssssssssssssssss alot youtube lessons rocks ******

  • @LovableLouisville
    @LovableLouisville 9 років тому

    I cannot find a video by you for interest compounded continuously. Help!! I cannot comprehend any other calculus youtuber but you.

  • @danagamer
    @danagamer 13 років тому

    6% is tremendous, where can I get 6%? To be more realistic, with an APR of %1 (Bank of America) You will need to invest $16,707 for 18 years. :-(

  • @danzidae441
    @danzidae441 12 років тому

    yaaadie