Financial maths grade 11: Exam Do you need more videos? I have a complete online course with way more content.Click here: purchase.kevin... 🟢Follow me on Instagram: / kevinmathscience
Hi Uncle K. Pls do elaborate on n(years) , particularly for timeline questions. Do you look at how long the interest rate lasted for or the difference of the last last year (T last)& which ever T you working on?
Don't mean to teach the teacher or anything but your method used 2 steps when 1 is allot quicker. Instead of adding the interest of the R5000 at the end in a different step, what you should do is do the R10000 for the 2 interest rates, and then add R5000 to that. Then times that whole answer with the 18 months interest that the R5000 would get. The sum should look something like this : (10000(1+(0.075/4)^4 (1+(0.078/12)^6 + 5000)(1+(0.07/12)^18) = R17986.17. My word description doesn't make much sense either look at my sum.
on effective rate on the number of years we always multiply the norminals don't we use multiply the norminals and the number of years hope you understand my question
Clarity sinking question plz at a ii why did you add that R5000 at T1,5 instead of T1,6 because the statement said after 6 months and in a year we have 12 months ? Im so confused
@@priscamanzambi-gy4zy I think 1.5 is correct as we count 0.5 , 1.5 , 2 so 6 months is half of 1 and 2 which will be 1.5 , it is inbetween which represents 6 months at it can't go to T1.12
Wow you so amazing . I am a maths teacher. . I learned a lot from ur videos..the manner in which u explain the concepts is excellent.
I am so happy this was able to help a teacher. Keep up the good work of helping learners :)
Hi Uncle K. Pls do elaborate on n(years) , particularly for timeline questions. Do you look at how long the interest rate lasted for or the difference of the last last year (T last)& which ever T you working on?
Why is it 1.5 on the time line... I thought it is 1.6 years....
Please explain
Don't mean to teach the teacher or anything but your method used 2 steps when 1 is allot quicker.
Instead of adding the interest of the R5000 at the end in a different step, what you should do is do the R10000 for the 2 interest rates, and then add R5000 to that. Then times that whole answer with the 18 months interest that the R5000 would get. The sum should look something like this : (10000(1+(0.075/4)^4 (1+(0.078/12)^6 + 5000)(1+(0.07/12)^18) = R17986.17.
My word description doesn't make much sense either look at my sum.
on effective rate on the number of years we always multiply the norminals
don't we use multiply the norminals and the number of years
hope you understand my question
When using the effective formula we only look at it over a ONE year period.
@@kevinmathscience thank you so much ❤️🥰🤗
Ur honestly a saviour brotha, keep up the good work
So happy it has helped you :)
Thank you
Guys please help I'm confused why don't we say 2 instead of 6 because quarterly is 4 then semi-quarterly is 2 in 6:55
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
The 6 is the months. So it is half a year :) so 1.5 years.
thank you so much exactly what I wanted❤
Could someone please explain why he used the 6 months at the calculation 7:17
This was really hepful..thanks for the amazing content
Pleasure :)
Just what I needed❤
Thanks
Clarity sinking question plz at a ii why did you add that R5000 at T1,5 instead of T1,6 because the statement said after 6 months and in a year we have 12 months ? Im so confused
Same I thought it would be T1.6 , since they said 6 months later
@@priscamanzambi-gy4zy I think 1.5 is correct as we count 0.5 , 1.5 , 2 so 6 months is half of 1 and 2 which will be 1.5 , it is inbetween which represents 6 months at it can't go to T1.12
I hope this helps you also
If it's quarterly isn't it a 3 not a 4? 1:34
Quarter is 4
Quarterly is like terms in school.Theres 4
why did you put 6? isnt it 1,5?
I mean 1,5 ×12 which makes it 18?
No its 6 months. You don't include the previous year.
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
Why is it 1.5 years on the time line
I thought it was 1.6 years
Please help me understand
6 months of 12 is 0.5 or 1/2 so it's 1 year+0.5
Thanks now I understand@@amazon_associate90