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how to calculate compound interest gcse maths. In this maths video I will relatively quickly calculate the compound interest of an amount. If you know how to calculate simple interest and understand all the example questions then m ake sure to study the next section on compound interest next.
Simple Compound Interest Gcse Higher Us 9th 10th Grades Math Lessons Gcse Math 10th Grade from www.pinterest.com
The following diagram gives the Compound Interest Rate Formula where the interest is compounded once per year. Remember is means. Periodic Compounding Money Index.
To calculate compound interest we need to know the amount and principal.
Calculate Accrued Amount Principal Interest A P1 rn nt. To answer this question you begin by working out 5 of 250 which 1250. Even if you cant get a 4 compound interest rate. Maths made easy Subject.
