Compounding monthly grade 11 | Financial Maths

Compounding monthly grade 11 | Financial Maths
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[@Ana20050]

I love your videos, you’re a celebrity at my school, everyone knows your UA-cam channel

[@iDoctor-SA]

Everywhere

[@iam_ntli]

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[@KwanmasterMaishi]

Love the 'Monster' reference 😂😂

[@techcodes6189]

King🔥❤

[@LanaMos-nc6mc]

Is the formula for inflation and compound interest the same?

[@sithembileskosana]

Hi In order to calculate inflation you use compound interest formula

[@mello3402]

Yep

[@InspirationalWaves-ch9ek]

Sir on option 3 I got an answer of R5984,07 would they mark me wrong in this case
.?

[@Justin-uw9yw]

That’s the same answer that he got

[@Nickfm023]

Yep, idk how you got it wrong but I calculated myself and got R5 982.07. You still get marks for doing the correct steps im pretty certain

[@Nickfm023]

@@Justin-uw9yw Nope, He got R5 982.07