Simple vs Compound Interest
This lesson is part of the course
In this lesson
You grow Nora's savings with simple and with compound interest, then add monthly compounding and the effective annual rate.
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Lessons in this course
- Percentages Done Right: Of, Change, Points & Reverse Locked
- Ratios & Proportions: Unit Prices and Scaling a Batch Locked
- Simple vs Compound Interest Locked
- Discount & Markup Chains Locked
- Weighted Averages: Grades, Average Cost & Blended Margin Locked
- Unit Conversions, Rates & Currency Locked
- Solving for the Unknown: Break-Even & Required Sales Locked
- Exponents, Growth & Decay: Doubling Time and the Rule of 72 Locked