Simple Interest lesson 1

Channel:
Australia Magic Monk
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Published on ● Video Link: https://www.youtube.com/watch?v=6Gddl18pMo0


Duration: 14:22
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In this first lesson for 12 Maths A, you learn about simple interest, what it means, and how to calculate it using the simple interest formula. You also learn about how to earn interest by investing money in banks (term deposit savings account) and buying debentures / bonds from companies.

Click here to learn how to rearrange the simple interest formula: https://www.youtube.com/watch?v=4kyA0-iVFLc

This topic is taught in Queensland Maths A, Year 11 or Year 12.



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Tags:
Simple interest tutorial
debentures
bonds
savings account
term deposit