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What is the Formula for Compound Interest? Instructional VideoWhat is the Formula for Compound Interest? Instructional Video
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Curated OER
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Instructional Video

What is the Formula for Compound Interest?

Curated and Reviewed by Lesson Planet

View this tutorial for more than just a description of the formula for compound interest! An instructor goes through a problem, showing how to find simple interest and compound interest. After she completes each version, she explains the difference and provides the formula for compound interest. A great tool for strengthening understanding of interest.

52 Views 43 Downloads
Concepts

simple interest, interest, compound interest, economics, accounting, interest rates, time

Additional Tags

accounting, compound interest, interest, simple interest, time, interest rate, principal, economics, compound interest formula, initial investment, math
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Resource Details

Grade
6th - 12th
Subjects
Math
1 more...
Resource Type
Instructional Videos
Media Length
8:53
Audience
For Teacher Use
Instructional Strategy
Flipped Classroom
Usage Permissions
Fine Print

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