Financial arithmetic

General Mathematics: Units 1 and 2

Introduction

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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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

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