HSC Together General Maths: Problem Solving with Compound Interest

Problem Solving with Compound Interest

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.

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