Financial arithmetic
General Mathematics: Units 1 and 2
This is the second video in the Financial Maths series for the Year 11 General Maths course. Nothing simple about this lesson! Well ... I make it simple for you to understand what simple interest is. Firstly, I explain what interest is (both the good stuff and the bad stuff!) and then I look at how we calculate interest using the simple interest formula. There are lots of worked examples all explained in my unique style!
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Video tags
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