Grade 12 Financial Maths Lesson 3| Timelines | Deposits and Withdrawals | Mlungisi Nkosi

This lesson looks at how to draw a timeline in financial mathematics for scenarios where a deposit or withdrawal is made before the end of an investment period.
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Grade 12 Geography Contents (Theory and Map work) ua-cam.com/channels/M9s66LrpIUeorALdgPoEuA.html

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[@lebogangmoshoeu6752]

Wow I just perfectly understood the timeline problems. Thank you a lot, God bless.Deffo subscribing

[@MlungisiNkosi]

Welcome to the family 😍

[@nthabisengnkhumane5984]

The lesson was awesome I really enjoyed.....much appreciation sir 🙂

[@MlungisiNkosi]

You’re most welcome.

[@aminasufi5672]

Good day sir.
To calculate A2 from my understanding the principle amount is not R40000 rather it is the R120 000-R40 000 which is R80 000 to be the principle amount as it was the amount that was withdrawn. Reference at time 24:00.
Please do correct me sir if I have misunderstood or went wrong.
Thank you for all the effort put into your lessons.Makes a huge difference for us as students as some don't have access to good tutors.
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You are the best tutor that an old woman like me understood

[@MlungisiNkosi]

I’m so glad to hear this. Thank you soooo soooo much 🤗

[@Kutloano.Makana]

Sir in an exam wil they specify which method to use in the Gr12 financial maths or if the geometric series method for example works for you then you can apply that for these kind of questions?

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Very helpful, I used to fail this chapter but I see the light now. Thank you so much Malume😪🥺

[@MlungisiNkosi]

You’re most welcome. I’ll do past exam questions so that they help you understanding very well

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🤝thank you brother for helping us

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I enjoyed the lesson. Keep up the good work sir!😇🙌

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Thank you Mr Nkosi . Enjoyed the lesson 👍

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Study study study… These videos will sort you out quick, fast and in a hurry.

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Also thank you for these videos ,they really help me .

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[@MlungisiNkosi]

You’re more than welcome 🤗

[@user-nn3lo8un5d]

Sir Did they not say the interest rate was decreased by 11.2% from 13% so aren't you supposed to say 13-11.2 and use 1.8% after 3yrs ?

[@phumimosoeu2591]

Hi sir great lesson just a question why did you put the 18 as 1,5 instead of 1,6 for the withdrawal part ???

[@MlungisiNkosi]

Please put a time stamp

[@phumimosoeu2591]

At 24:28?🤔

[@MlungisiNkosi]

@@phumimosoeu2591 as stated it’s for one and a half of a year

[@phumimosoeu2591]

Thanks.

[@phumimosoeu2591]

But isn't half a year 6 months so one and a half is 1,6?🤔🤔🤔

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Thank you so much sir for this video, it was extremely helpful.

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These are soooo helpful 😭😭😭❤️❤️❤️

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I hope it wasn’t a bad shock 🫣

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@@call_me_mushroom6360 I’ll try to apply make-up next time 😂

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[@kopanomatsimela6988]

Why did the 40 000 earn the 9.75% interest after for the years if it was withdrawn after 18 months of the initial deposit?

[@MlungisiNkosi]

Please provide time stamp

[@cjgotjokes2254]

24:55

[@mohamedyaseenahmed9589]

I have a question as well. Why are you calculating for the amounts withdrawn and deposited in between separately. Shouldn't Shouldn't they be added on or subtracted from the current accumulated amount

[@thusoramakobya7054]

Confusing

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Hey Nkosi, what device are you using for the black board? I also am a teacher

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Please come to our event in September this year. We will share all the tools you need

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[@MlungisiNkosi]

You’re welcome

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Thank you for the lesson 👊🔥
Beauty with brains 😂

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Thank you…
I hope you’re not referring to me about beauty… 😂

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God bless u

[@gugulethu_n2518]

thank you very much Sir . Yours videos always help me
On the first example what will happen if you deposited an amount on the last( 8th year) ,will you add any interest to it or wouldn''t

[@MlungisiNkosi]

If at the beginning, then yes you add interest if withdrawn at the end…

[@SophiaMpebe]

Kindly help me with this Sum.
David won R10 500 in a writing competition. he deposited R10 000 into a savings account. The interest rate was 9% compound interest for 2 years , then it changed to 10% for 1 year and 11% for the rest of the time. after 3 years he deposited R2000 from his annual bonus because he did not go on holiday that year. after 7 years, he experienced some difficulty and withdraw R3000. how much money did david have after 10 years?

[@preciosa100]

Thank you sir

[@MlungisiNkosi]

Done ✅

[@rachealnkosi8567]

Thank you sir 😊

[@MlungisiNkosi]

You’re most welcome 🤗

[@lay_jt6361]

Hi sir ..I've got a different for the first one why is that

[@MlungisiNkosi]

I’m not sure why

[@katlegothandiMabaso5109]

Sir where does 1,5 come from ... please elaborate that part for me😢🥹

[@nicholus__4570]

1year = 12months
half of 1year = 6months which is 0.5years
So, if 3years = 36months that must mean 1year and a half must be = 18months. This means that "1.5" is actually 1.5years which is 18months ( half of 3years.) I hope this makes sense. Goodluck!

[@mosamashatola-hf1xs]

The interest of 11,2 % lasted for how long... isn't 6

[@phumzilemunchu9710]

Hi sir , can you please do previous question papers the way you do in physics?🔥🔥❤

[@MlungisiNkosi]

I will do so once I’m done with Content

[@phumzilemunchu9710]

@@MlungisiNkosi Oh okay😊

[@weightlossmotivation5103]

Yes please

[@SophiaMpebe]

Kindly please help me with this Sum
David won R10 500 in a writing competition. he deposited R10 000 into a savings account. The interest rate was 9% compound interest for 2 years , then it changed to 10% for 1 year and 11% for the rest of the time. after 3 years he deposited R2000 from his annual bonus because he did not go on holiday that year. after 7 years, he experienced some difficulty and withdraw R3000. how much money did david have after 10 years?

[@MlungisiNkosi]

Hi Palesa, for assistance rather books a 30-minute session with me. Contact my assistant on 0798996320

[@SophiaMpebe]

@@MlungisiNkosi Will do so

[@kekananellymokgaetsi6582]

Hey sir
On example no:2 I got a different answer from yours so eish

[@exoticpanther1723]

Okay shup

[@OfentseMongalo]

Sir how do i make a square brackets on a calculator?

[@bee_new]

You just use normal brackets I think😭

[@user-cn6vk5ro5t]

Mr Mlungisi, I am going to buy you a big Car😂😂😂❤❤❤thank you very much sir🙏🙏

[@MlungisiNkosi]

Hi you’re welcome ☺️

[@thobekandlela7556]

Hi please help 😭 I got R203271.9789- R573694.5745 = R-370422.5956 what am I doing wrong 😭😭😭

[@MlungisiNkosi]

I think it’s calculator work

[@thobekandlela7556]

@@MlungisiNkosi I triple checked all my numbers 😭

[@JackySelemela]

Sir
When are we getting the counting principles

[@MlungisiNkosi]

Is it such a bad thing to say thank you?

[@akhonashongwe4455]

Hi Mr Nkosi I firstly like to Thank you for your videos , they are really helping
But as for the second example.. I am not sure if you understood the question correctly

[@user-cn6vk5ro5t]

Mara nawe😂😂😂😂😂😂😂😂😂haiii

[@otthabovlogs7614]

What about when we reverse

[@MlungisiNkosi]

I’m not sure I understand

[@luk_masterpiece588]

Hi! Firstly I'd like to say im a huge fan of your work.And 4 that i will always recommend my peers to u.4 my question in the 1st example when u calculated the total you added all the amounts even though the was money that was withdrawn and in the 2nd e.g you subtracted the money that was withdrawn.Thats completely throwing me off?So can u please explain? As to y?

[@MlungisiNkosi]

I’m not sure I fully understand the question

[@luk_masterpiece588]

Ohky let try and rephrase in a better way

[@NovoLegacy]

im getting 783329.4511, where did i go wrong

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Thank you So much sir!! You don't know how much You really helped me👍🏾❤❤🤾🏾‍♂️!!

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I’m eternally grateful 🥹

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Thank you sir

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You’re welcome

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thank you sir