Unit I Concepts 4-5 Tutorial

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Tutorial

Unit I Concept 4

The formula for CONTINUOUSLY compounding interest is much easier to work with and introduces us to the NUMBER e... yes I said "e" is a number!

Source: Created by Crystal Kirch using Camtasia for Mac

Unit I Concept 5 Part 1

What if I told you to keep money in the bank for a certain amount of time... how would you know how much interest you would make at the end? It would all depend on the INTEREST RATE... so, find the rate you need! Is it a logical rate?

Source: Created by Crystal Kirch using Camtasia for Mac

Unit I Concept 5 Part 2

This video will teach us how to solve for time when given an interest rate. It is important to understand how to convert from decimal form (hundredths) into months.