Compound Interest | What the Equation Means, How to Use it & an Example Problem (Using iPhone Calc)
This video goes over the compound interest formula & how to use it! We will discuss what everything stands for in the formula and what it means & then look at an example of how we can use the formula and the information we are given to solve for the total amount of money with the principal. I also give a mini tutorial on how to do this using an iphone or cell phone calculator.
If you found this video helpful, please give it a thumbs up! Comment what you would like to see next and subscribe so you don't miss the next one!
Contact me at: [email protected]
More FREE Math Resources: https://linktr.ee/mathmessages