Using a finance solver to find interest rates time takes and regular payments
Reducing balance loans, annuities and investments
General Maths Units 3 and 4 (2023+)
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Description
This video is the next in the series which is looking at how to use the financial solver (finance solver) to find one (or more) missing pieces of information given the context of a question. Forming part of the Year 12 General Maths Units 3 and 4 course and Finance Module it specifically looks at using a finance solver to find interest rates, time takes and regular payments. There are a number of worked examples used to demonstrate how to apply the understanding of the lesson and how to avoid the pitfalls which come with using the finance solver. All theory is explained in an easy to understand way.
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