Compound interest investments with regular additions to the principal (annuity investment)
Modelling and analysing reducing-balance loans and investments
Further Mathematics: Units 3 and 4
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Description
This video is the final one in the series dealing with Financial Mathematics for the Further Maths course. It takes all we have been learning and now adds some extra excitement to it. Dealing with compound interest investments with regular additions to the principal I show how to use amortization tables to look at what happens when we invest money, get interest and then add additional payment. I look at how you can be a millionaire by the time you retire with a very easy to follow method. I show how to use the CAS and use lots of awesome examples.
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vce maths Compound interest investments with regular additio vce further vce further maths further maths further 3 and 4 Year 12 Maths compound interest annuity investment Usign the CAS Financial solver How to become a millionaire compounding interest