Master Determine the initial value of a compound interest formula

Master Determine the initial value of a compound interest formula

Assessment

Interactive Video

Mathematics, Business

11th Grade - University

Hard

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The video tutorial explains how to calculate the initial investment needed to achieve a desired final value using compound interest formulas. It covers two examples: one with biweekly compounding and another with continuous compounding. The tutorial emphasizes the importance of using precise calculations and understanding the formulas involved.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the difference between calculating final value and initial value in compound interest?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do you calculate the present value if you want to earn a specific amount after a certain number of years?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the process of calculating the future value using continuous compounding.

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