All Posts Tagged Tag: ‘exponential’

Calculating Compound Interest

Compound Interest Problem

Problem – Pre-Calculus – How to Calculate Compound Interest on an Investment In this problem, we walk through a question on calculating compound interest. In the explanation video, we spend some time on on the compound interest formula, itself, and distinguish it from simple interest scenarios. Comparison with Simple Interest: Notice that at the end of the investment period, you …

Read More