# 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.
4.8 (6 ratings) â€¢ 1,074 students enrolled
Instructed by Helen Dakin
\$15
\$20
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• Lectures 13
• Length 1 hour
• Skill Level All Levels
• Languages English
• Includes Lifetime access
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Available on iOS and Android
Certificate of Completion
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Published 1/2014 English

### Course 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.

### What are the 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)

### What am I going to get from this course?

• solve for the future value or maturity value
• Solve for the interest amount
• solve for the rate
• Solve for the principal or present value

### Who is the target audience?

• 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

### What you get with this course?

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

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Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

# Curriculum

Section 1: The Simple Interest Formulas
6 pages

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

The BA II Plus Financial Calculator
00:16
06:17

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

6 questions

Quiz Description

03:18

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

04:07

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

04:08

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

03:03

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

quiz 2
3 questions
Section 2: Simple Interest - Part 2
Part 2 - Workbook and Video Examples (examples 9-17)
5 pages
05:38

We solve the problems given in Example 9 and 10

quiz 3
2 questions
04:44

We solve the problems given in Example 11 and 12

quiz 4
3 questions
03:11

We solve the problems given in Example 13 and 14

quiz 5
2 questions
07:11

We solve the problems given in Examples 15 to 17

quiz 6
1 question
00:04