1. Principles of Simple Interest
4.4 (9 ratings)
1,091 students enrolled

# 1. Principles of Simple Interest

In this course I will introduce you to the basic simple interest formulas and how to solve problems with them.
4.4 (9 ratings)
1,091 students enrolled
Created by Helen Dakin
Last updated 2/2014
English
English [Auto]
Current price: \$13.99 Original price: \$19.99 Discount: 30% off
5 hours left at this price!
30-Day Money-Back Guarantee
This course includes
• 42 mins on-demand video
• 2 articles
• Full lifetime access
• Access on mobile and TV
• Certificate of Completion
Training 5 or more people?

Get your team access to 4,000+ top Udemy courses anytime, anywhere.

Try Udemy for Business
What you'll learn
• solve for the future value or maturity value
• Solve for the interest amount
• solve for the rate
• Solve for the principal or present value
Requirements
• You will need be able to solve simple algebraic equations. You will need to use your reading abilities to interpret the information given in a problem statement.
• you will need a calculator (a Business Financial calculator would be best).
Description

Using the basic simple interest formulas, you will be able to solve for any of the variables (I, S, P, r or t) when given the values of any three. This course will take you approximately 3-4 hours to complete..

I provide you with a workbook style manual that you can use to fill in with your notes as you are watching the video lectures. This will give you a great comprehensive set of notes for all sorts of interesting problems involving simple interest calculations.

If you wish to understand how time affects the value of money, then this is a good starting course for you..

.

Who this course is for:
• This course is intended for students who wish to gain a basic understanding of the simple interest formulas and how they work.
• this course is also intended for those who wish a basic review of simple interest topics
Course content
Expand all 13 lectures 53:08
+ The Simple Interest Formulas
7 lectures 21:15

These video notes can be printed in advance of viewing the video lessons and can be used as a workbook.

Simple Interest - Workbook and Video Examples
6 pages
The BA II Plus Financial Calculator
00:22

We discuss the language or terminology used in simple interest. The basic formulas are also given. (page 1 of the workbook)

Preview 06:17

Quiz Description

quiz 1: the basics of simple interest
6 questions

We solve the problems given in Example 1 and 2 (page 2)

Preview 03:18

We solve the problems given in Example 3 and 4 (page 3)

Preview 04:07

We solve the problems given in Example 5 and 6 (page 4)

Examples 5 and 6
04:08

We solve the problems given in Example 7 and 8 (page 5)

Examples 7 and 8
03:03
quiz 2
3 questions
+ Simple Interest - Part 2
6 lectures 20:52
Part 2 - Workbook and Video Examples (examples 9-17)
5 pages

We solve the problems given in Example 9 and 10

Examples 9 and 10
05:38
quiz 3
2 questions

We solve the problems given in Example 11 and 12

Examples 11 and 12
04:44
quiz 4
3 questions

We solve the problems given in Example 13 and 14

Examples 13 and 14
03:11
quiz 5
2 questions

We solve the problems given in Examples 15 to 17

Examples 15 - 17
07:11
quiz 6
1 question