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General Mathematics: Units 1 and 2

Rearranging the simple interest formula

Financial arithmetic

19:09 Lesson length
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About this 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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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

Video details
  • Title Rearranging the simple interest formula
  • Section Financial arithmetic
  • Course General Mathematics: Units 1 and 2

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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
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