Solving Investment Problems
The following post will go through a variety of different videos that show you problem solving with compound interest in QCE General Maths, specifically focusing on:
- Calculating future value and interest earned using the Compound Interest Formula
- Practical examples involving rearranging the formula
- Examples where it is not compounded annually, e.g. fortnightly, monthly, quarterly compounds.
How to calculate future value and the interest earned
The following videos explain how to calculate the future value and the interest earned using the compound interest formula
Practical example – rearrange the formula
The following video explains how to calculate how much you may need to invest to reach $x by rearranging the formula.
Examples where it is not compounded annually
The following video explains how to solve problems that are not compounded annually.