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Interest (part 2)

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More on simple and compound interest

Channel: Education
Uploaded: November 30, 1999 at 12:00 am
Author: khanacademy

Length: 08:01
Rating: 5.0
Views: 99602

Tags: simple  compound  interest  math  finance  money  CC_39336_A-SSE_3_c  

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Video Comments

Confliicted (November 30, 1999 at 12:00 am)
EIGHT HUNDRED AND EIGHTEEN...dollars....
ACfireandiceDC (November 30, 1999 at 12:00 am)
My brain is about to explode from watching this...
kphantomkk (November 30, 1999 at 12:00 am)
@yodenpopen Yeah that's cool but when your mortage is 400k your interesting is going to be gigantic. You will be moving nowhere.
TIJulianna471 (November 30, 1999 at 12:00 am)
I like
TheLoveformankind (November 30, 1999 at 12:00 am)
U NEED TO SHARPEN UR GREEN PEN !
dimonddanindd (November 30, 1999 at 12:00 am)
Nope @mrhollywood interest is added towards that amount. Find out the interest rate usually it's 20-50!% Longer it takes the higher...for example 5000 owed in 2 t yrs= 20 grand PLUS capital...Wait it out! Trust Me. Wellllll worth it!! Yes u can garnish wages but I would definitely Wait...Again,Trust me, I know.Call my 818 I seriously can help w this..I owe u neway xox lol :)
dimonddanindd (November 30, 1999 at 12:00 am)
Nope @mrhollywood interest is added towards that amount. Find out the interest rate usually it's 20-50!% Longer it takes the higher...for example 5000 owed in 2 t yrs= 20  grand PLUS capital...Wait it out! Trust Me. Wellllll worth it!! Yes u can garnish wages but I would definitely Wait...Again,Trust me, I know.Call my 818 I seriously can help w this..I owe u neway xox lol :)
Cecelle8910 (November 30, 1999 at 12:00 am)
@yodenpopen Yeah! I THINK that's what "Interest Only Mortgages" are. In Compound Interest, one pays Interest on the Interest. I'm getting it, ain't I?
bnmvghjfyghjtyj (November 30, 1999 at 12:00 am)
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