Math Video: Simple Interest & Compound Interest1.1 - App Store
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Publisher Description
This math video app provides a quick and simple way for you to learn and understand the basics for simple interest and compound interest. All of the 10 computer animated videos are stored in your device. So, no internet connection is required to play. These math videos are: Simple Interest Formula, Maturity Value Formula, Simple Interest: Example 1, Simple Interest: Example 2, Simple Interest: Example 3, Compound Interest Formula 1, Compound Interest Formula 2, Compound Interest: Example 1, Compound Interest: Example 2 & Compound Interest: Example 3.
Each of these videos is divided into several different parts that you can easily skipped to. More details below:
Simple Interest Formula
Introduction
Calculating simple interest without the formula
Calculate the yearly interest
Deriving the simple interest formula
Deriving the simple interest formula continued...
Maturity Value Formula
Introduction
Understanding the maturity value formula
Explaining the derivation of maturity value formula
Deriving the maturity value formula
Factorizing the maturity value formula
Simple Interest: Example 1
Introduction
Calculate the simple interest when P, r & t (year) are given
Substitute P and r of the formula with the given values.
Converting the interest rate 3% into a decimal
Substitute t with the given value and calculate the result.
Simple Interest: Example 2
Introduction
Calculate the simple interest when P, r & t (month) are given
Substitute P and r & convert the value of r to decimal
Substitute t with the given value & convert month to year
Simplify and calculate the simple interest
Simple Interest: Example 3
Introduction
Calculate the loan interest rate when I, P & t are given
Substitute I, P and t with the given values & simplify
Calculate for the interest rate, r
Convert the interest rate from decimal to percent
Compound Interest Formula 1
Introduction
Example: Understanding compound interest
The amount needed to pay back after the 1st year
The amount needed to pay back after the 2nd year
The amount needed to pay back after the 3rd year
Compound Interest Formula 2
Introduction
Deriving the compound interest formula
The amount needed to pay back after the 1st year
The amount needed to pay back after the 2nd & 3rd year
The compound interest formula: A=P(1+r)^n
Compound Interest: Example 1
Introduction
Calculate the compound interest when P, r & n are given
Substituting P, r and n into the compound interest formula
Convert the interest, 20% into a decimal
Calculate the total amount, A
Compound Interest: Example 2
Introduction
Calculate the principal, P when A, r & n are given
Substituting A, r and n into the compound interest formula
Convert the interest, 10% into a decimal
Calculating the principal, P
Compound Interest: Example 3
Introduction
Calculate the interest, r when A, P & n are given
Substituting A, P and n into the compound interest formula
Solve the equation to find the interest, r
Convert the interest, r from decimal to percent
Requires iOS 4.3 or later. Compatible with iPhone, iPad, and iPod touch.
About Math Video: Simple Interest & Compound Interest
The company that develops Math Video: Simple Interest & Compound Interest is Visual Math Interactive Sdn Bhd. The latest version released by its developer is 1.1.
To install Math Video: Simple Interest & Compound Interest on your iOS device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2011-05-17 and was downloaded 0 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Math Video: Simple Interest & Compound Interest as malware if the download link is broken.
How to install Math Video: Simple Interest & Compound Interest on your iOS device:
- Click on the Continue To App button on our website. This will redirect you to the App Store.
- Once the Math Video: Simple Interest & Compound Interest is shown in the iTunes listing of your iOS device, you can start its download and installation. Tap on the GET button to the right of the app to start downloading it.
- If you are not logged-in the iOS appstore app, you'll be prompted for your your Apple ID and/or password.
- After Math Video: Simple Interest & Compound Interest is downloaded, you'll see an INSTALL button to the right. Tap on it to start the actual installation of the iOS app.
- Once installation is finished you can tap on the OPEN button to start it. Its icon will also be added to your device home screen.
Program Details
System requirements
Download information
Pricing
Version History
version 1.1
posted on 2011-05-17
Disclaimer
Official App Store Link
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