Understanding Compound Interest Calculations
Explore compound interest calculations over different time periods with varying interest rates. Learn how to calculate the final amounts for investments and depreciating assets using practical examples and scenarios.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Percentages: Percentages: Compound Interest Compound Interest Silent Teacher Intelligent Practice Your Turn Narration 5% compound interest over 3 years 5% compound interest over 4 years 5% compound interest over 5 years Practice
Worked Example Your Turn 1000 ???????? ???? 5 years at a rate of 7% per annum 1000 invested over 5 years at a rate of 4% per annum 1000 ???????????? ???? 5 years at a rate of 7% per annum 1000 depreciating over 5 years at a rate of 4% per annum
1000 ???????? ???? 8 years at a rate of 4% per annum 1000 ???????? ???? 4 years at a rate of 4% per annum 1000 ???????????? ???? 4 years at a rate of 4% per annum 1000 ???????????? ???? 4 years at a rate of 9% per annum 1000 ???????? ???? 7 years at a rate of 9% per annum 1000 ???????????? ???? 7 years at a rate of 3.5% per annum 1000 ???????? ???? 4 years at a rate of 3.5% per annum 1000 ???????????? ???? 18 ???? ? at a rate of 3.5% per annum
1000 ???????? ???? 8 years at a rate of 4% per annum 1368.57 1000 ???????? ???? 4 years at a rate of 4% per annum 1169.86 1000 ???????????? ???? 4 years at a rate of 4% per annum 849.35 1000 ???????????? ???? 4 years at a rate of 9% per annum 685.74 1000 ???????? ???? 7 years at a rate of 9% per annum 1828.04 1000 ???????????? ???? 7 years at a rate of 3.5% per annum 779.28 1000 ???????? ???? 4 years at a rate of 3.5% per annum 1272.28 1000 ???????????? ???? 18 ???? ? at a rate of 3.5% per annum 947.96
