Financial arithmetic

General Mathematics: Units 1 and 2

Lesson notes

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Chapters

Introduction

Description

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.

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