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Video Details

Title: Interest Only Loans

Section: Reducing balance loans, annuities and investments

Course: General Maths Units 3 and 4

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Interest Only Loans
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About Lesson

This video continues with the Financial Solver section of the Year 12 General Maths course and looks at Interest Only Loans. I look at what an interest only loan is and how you can use "by hand" and CAS methods to find the payments which might need to be made. There are a number of worked examples which support the clearly explained theory.

LEGAL STUFF (VCAA)

VCE Maths exam question content used by permission, ©VCAA. The VCAA is not affiliated with, and does not endorse, this video resource. VCE® is a registered trademark of the VCAA. Past VCE exams and related content can be accessed at www.vcaa.vic.edu.au

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