Compound Interest (Chapter 8)
Lesson 3: Future Value with Compound Interest (8.2)
Video 1: Compound Interest with Different Compounding Frequencies
Compounding Frequency is the number of "Compounding Periods" in ONE year
Compounding Periods are the number of times interest gets paid over ONE year
Compounding Frequency is the number of "Compounding Periods" in ONE year
Compounding Periods are the number of times interest gets paid over ONE year
Video 2: Future Value with Interest Compounded Semi-Annually
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
Video 3: Future Value with Interest Compounded Quarterly
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
Video 4: Future Value with Interest Compounded Monthly
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
Video 5: Future Value with Interest Compounded Daily
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
i = Annual Interest Rate (r)/Compounding Frequency (N)
n = Compounding Frequency (N) x Time in Years (t)
Worksheet 6-3
Worksheet 6-4 |
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SmartBoard Notes:
ws6-3_classnotes.pdf | |
File Size: | 662 kb |
File Type: |
ws6-4_classnotes.pdf | |
File Size: | 250 kb |
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Assigned Work:
1. Worksheet 6-3
2. Do exercises on p. 432 - #3 to 9
3. Worksheet 6-4
4. Do exercises on p. 434 - #10, #12 to 15
1. Worksheet 6-3
2. Do exercises on p. 432 - #3 to 9
3. Worksheet 6-4
4. Do exercises on p. 434 - #10, #12 to 15