02:22 duration 2 minutes 22 seconds
Introduction to compound interest
A short discussion of how compunde interest works and why the amount in a compound interest account grows more and more quickly.
03:35 duration 3 minutes 35 seconds
Finding the final amount in a word problem on…
Finding the final amount in a word problem on compound interest
This video gives the formula for calculating compound interest and then demonstrates how to calculate the future amount after a given number of years.