HDTutorial
EN
How to compute compound interest in your calculator.

Playback starts YouTube’s embedded player (privacy-enhanced mode).

How to compute compound interest in your calculator.

90,988 views October 25, 2015 4:53

Watch on YouTube
Channelmcclendonmath

Description from the creator

So you know the formula and you know where to put the numbers. Now you need to use a calculator to compute the answer. I have alot of students that struggle with this because they are unfamiliar with a calculator. Let me show you how I do them with a basic scientific calculator. The process is the same on a graphing calculator.

Question: How much money will there be in an account at the end of 4 years if $16000 is deposited at 7% compounded quarterly?

About this tutorial

mcclendonmath published this 4:53 video tutorial on October 25, 2015. It has been watched 90,988 times on YouTube.

Category
Education
Duration
4:53
Published
October 25, 2015
Views
90,988
Likes
646

Share

Further reading

  • Compound Interest Calculator calculatorsoup.com

    Calculates principal, principal plus interest, rate or time using the standard compound interest formula A = P(1 + r/n)^nt. Calculate compound interest on an investment or savings. Compound interest formulas to find pri…

  • Compound Interest Calculator | Investor.gov investor.gov

    Determine how much your money can grow using the power of compound interest. Money handed over to a fraudster won’t grow and won’t likely be recouped. So before committing any money to an investment opportunity, use the…

  • Compound Interest Calculator - The Calculator Site thecalculatorsite.com

    Use the compound interest calculator to gain a picture of how the interest on your savings or investments might grow over a period of months and years. Using the compound interest formula, you can determine how your mon…

This tutorial in other languages