Financial arithmetic

General Mathematics: Units 1 and 2

Introduction

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.

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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Video tags

vce maths
maths tutorials
Rearranging the simple interest formula
vce general maths
general maths
unit 1 and 2 maths
grade 11 maths
year 11 maths
finding the rate for an investment
finding the time for a loan
finding the principal
tranpose the simple interest formula