Thank you so much for putting out this video. I've watched 4 different videos, including the recorded lecture from my own class, and yours was the only one that made the most sense to me.
I have a maths test tomorrow and it’s like 10:00 where I am and I’m trying to cram study! Not very good I know but I’m not organized! Your video really helped. Your so much easier to understand then my maths teacher! At least you can speak English! Thank you!
Education is the one power no one can take from you, once you've learned it. Self respect; to take your life into your own hands takes self discipline. If you don't like how your parents raised you... RAISE YOURSELF
I notice in some of the lectures you use n Vs m for number of compounds.. .I think n is preferred ...is that true ?You are a CHAMPION ....at teaching and I truely appreciate how much time you devote in sharing your deep knowledge.... of so many many subjects ...on utube !
Thank you for all the information you provided, slow and understandable, even for a moderate person like me, now would you recommend a good calculator?
even though this was made 6 years ago, isn't the conversion supposed to be 36 instead of 12, if we claim that we are doing the conversion monthly because they're 12months in a year so in 3years there will be 36months.. kindly correct me...
The number of conversions are always taken per year, so in this example there are 12 conversions (one per month). But note how the exponent is m x t which means we then multiply the number of conversions per year by the number of years.
BODMAS. Add the numbers in the brackets 1st then do the exponents for that number. Example: (1+2)³×³ = ? Brackets 1st: (1+2) = 3 Multiply: 3x3 = 9 Exponent: 3³ = 27 Use this same process with the example in the video you should get the right answer.
Thank you UA-cam for saving my life.
I cannot thank you enough for teaching . My professor doesn't explain anything about the business math but the answer.
Happy to help!
Short, simple and sweet. All you need for improving your mathematics without getting confused. Thank you for the Lecture
Thank you so much for putting out this video. I've watched 4 different videos, including the recorded lecture from my own class, and yours was the only one that made the most sense to me.
Thank you. We are glad these videos are helping.
I have a maths test tomorrow and it’s like 10:00 where I am and I’m trying to cram study! Not very good I know but I’m not organized! Your video really helped. Your so much easier to understand then my maths teacher! At least you can speak English! Thank you!
Good luck on your exam.
Education is the one power no one can take from you, once you've learned it. Self respect; to take your life into your own hands takes self discipline.
If you don't like how your parents raised you...
RAISE YOURSELF
this is really helpful for me for studies business maths examination soon ! thank you sir .. bless you :)
I notice in some of the lectures you use n Vs m for number of compounds.. .I think n is preferred ...is that true ?You are a CHAMPION ....at teaching and I truely appreciate how much time you devote in sharing your deep knowledge.... of so many many subjects ...on utube !
It depends on where you are and what book you use. It really doesn't matter as long as each variable is defined.
Thank you for all the information you provided, slow and understandable, even for a moderate person like me, now would you recommend a good calculator?
Any calculator will work for you. I like the Casio FX-260. It costs less than $10.
Hit like if you are here at the night before exam 😂
Saiful Islam Simanto I’m literally studying right now for my exam tomorrow! Less than 12 hours away!!! Ughhh
@@m.7517 hi5 bro
My test is in 5 minutes
Thank you to this guy
You are welcome. Glad you found our videos.
I love this, thank you, Sir.
Thank you for the explaining, it's clearer now
One correction. It's principal, not principle.
Thank you for the correction.
Very well explained.
Glad it was helpful! 🙂
easy peasy lemon squeezy....ttnx sir
even though this was made 6 years ago, isn't the conversion supposed to be 36 instead of 12, if we claim that we are doing the conversion monthly because they're 12months in a year so in 3years there will be 36months.. kindly correct me...
The number of conversions are always taken per year, so in this example there are 12 conversions (one per month). But note how the exponent is m x t which means we then multiply the number of conversions per year by the number of years.
Thanks a lot sir...I learnt a lot from your channel
I really like this videos
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Bless You
Good, but the capturing is clearly seen.
I am concerning, while using m as months then time not changs to month unit?
t remains in years
How did you find 1.161472231?
same issue
@@ghieth937
A = p [ 1 + r / m ] ^ mt
A = 2000 [ 1 + 0.05 / 12 ] ^ (12)(3)
A = 2000 [ 1.004166667 ] ^ 36
A = 2000 [1.161472231 ]
A = 2322.944463
BODMAS.
Add the numbers in the brackets 1st then do the exponents for that number.
Example:
(1+2)³×³ = ?
Brackets 1st: (1+2) = 3
Multiply: 3x3 = 9
Exponent: 3³ = 27
Use this same process with the example in the video you should get the right answer.
Thanks !
what happend to the power (12)(3)
you have not mentioned what to do with that ...my answer is not correct because of half information.
12 x 3 = 36 (thus the exponent is 36)
Michel van Biezen the answer which you have gave and the answer which i am getting is diffrent.
The answer in the video is correct
Can confirm the answer is correct, enter this into your calculator Naina; 2000(1+(0.05/12))^36
hell yeah its awesome
When I compound monthly the manual way (using excel) I get a value of $3968.63 after 3 years what am I doing wrong?
No wait sorry I got $1158.63 which is much larger...:/
Wait I think I figured it out. I had to divide the annual rate, 0.05, by 12, because it is now a monthly rate. I think....
Yes, when you compound monthly you have to divide the annual rate of interest by 12.
VEry good
ty sir
My Dumbas thought time should always be 1/12 for monthly lol
Great! 😂
Thank you