1. Principles of Simple Interest
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# 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)
1,075 students enrolled
Created by Helen Dakin
Last updated 2/2014
English
Current price: \$10 Original price: \$20 Discount: 50% off
30-Day Money-Back Guarantee
Includes:
• 42 mins on-demand video
• 2 Articles
• 2 Supplemental Resources
• Access on mobile and TV
• Certificate of Completion
What Will I 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
View Curriculum
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..

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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
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Curriculum For This Course
13 Lectures
53:08
+
The Simple Interest Formulas
7 Lectures 21:09

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
00:16

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 20:48
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