2. Principles of Simple Interest - advanced problems

Equivalent Values, Declining Balance, Promissory Notes and T-Bills
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8 students enrolled
Instructed by Helen Dakin Business / Finance
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  • Lectures 12
  • Length 1.5 hours
  • Skill Level Intermediate Level
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 1/2014 English

Course Description

This course is a follow-up to the first course on Simple Interest:


The first course which is a prerequisite to this one, is free, so make sure that you have gone through that material before you sign up for this one as I will assume prior knowledge.

You will be provided with a series of workbooks which outline the financial problems that will be solved through the lectures.

You will learn about equivalent values, how to use declining balance method, promissory notes and T-Bills.

What are the requirements?

  • successful completion of the first course: introduction to simple interest: https://www.udemy.com/principles-of-simple-interest/
  • a calculator and some common sense

What am I going to get from this course?

  • you will put into practice the simple interest formulas
  • you will appreciate the value of a good time diagram as an aid to solving mathematics of finance problems

Who is the target audience?

  • students who are studying mathematics of finance with business applications
  • students who need a refresher on these topics or those who need some tutorial sessions
  • students who are preparing for an upcoming test or exam on these topics
  • students who need some tutorial assistance on these topics and do not have immediate access to a tutor. The cost of this course is far less than the cost of a tutor for the same length of time.
  • students who wish full detailed step by step instructions.

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Simple Interest: Equivalent Payments
3 pages

These video notes can be printed in advance of viewing the video lessons and can be used as a workbook. Since this course is a continuation of "Principles of Simple Interest", the example numbers carry on from where the prior course ended.

The BA II Plus Calculator
Examples 18 and 19
quiz 1
3 questions
Examples 20 and 21
Examples 22 and 23
Section 2: Simple Interest: The Declining Balance Method
2 pages

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

Declining Balance - Example 1
Declining Balance - Example 2
Declining balance quiz
3 questions
Section 3: Simple Interest: Promissory Notes and T-Bills
7 pages

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

Promissory Notes - Introduction and Examples 1-2
Promissory Notes - Example 3
quiz 2
6 questions

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

quiz 3
4 questions

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Instructor Biography

Helen Dakin, Learning & Development (L&D)

Hi. I hold a 4 year Bachelor of Mathematics degree from the University of Waterloo and a B Ed (Honours) from the University of Western Ontario. While I have been trained as a high school mathematics educator, I have had the pleasure of teaching mathematics at the post secondary level for four community colleges in southern Ontario. When I am not teaching, I like to fool around with my camera, muck about in my garden, read a good book and sail around in my boat. Not necessarily in that order. Browse through all of my Udemy courses on Mathematics of Finance.

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