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vce mathsmaths tutorialsRearranging the simple interest formulavce general mathsgeneral mathsunit 1 and 2 mathsgrade 11 mathsyear 11 mathsfinding the rate for an investmentfinding the time for a loanfinding the principaltranpose the simple interest formula
Rearranging the simple interest formula
About Lesson
This is the third video in the series looking at Financial mathematics for the Year 11 General Maths (VCE) course. Having looked at how to find the interest for simple interest questions we now look at how to transpose the formula to make other letters the subject of the equation. This allows us to find the principal, time and rate of interest. There are lots of worked examples and easy to understand theory which will make this whole section seem really easy! I promise.
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