More Problems in Percent: Problem Involving Interest, A
This clip explains how to figure out the monthly interest due on a loan.
Subject: interest
Notes and Bank Discounts
Promissory notes, how and when they are used, methods for determining the due date, face vale and rate, are the subject.
Subject: interest
Transcript: APPEARS TO BE AN INTERESTING ONE. IF THE BANK WILL JUST LEND US THE MONEY TO FINANCE IT. I'VE HIT A LITTLE SNAG WITH THESE LOAN APPLICATION FORMS. THEY WANT
Cash Flow and Financial Ratios
An introduction to the ways in which the health of a business is determined. The shortcomings of balance sheets and income statements are used to demonstrate why additional financial calculations are valuable.
Subject: interest
Transcript: COMMON INVESTMENTS. SUCH AS TREASURY BILLS AND CERTIFICATES OF DEPOSIT. IF IT'S NOT, THE BUSINESS OWNERS WOULD BE JUST AS WELL OFF TO SELL THEIR INTEREST
Compound Interest
What is the difference between simple and compound interest? Also, illustrated how and when compound interest is used as well as introduce the basics
Series: Compound Interest
Subject: interest
Transcript: RETURN THEY'LL GET ON THEIR MONEY, THEY ARE SURE TO THINK ABOUT THE DIFFERENCES BETWEEN SIMPLE AND COMPOUND INTEREST. WITH A FEW EXCEPTIONS, BANKS LIKE
Simple Interest
The basics of interest, formulas for and a discussion of how concepts of principal, rate and time interrelate.
Series: Simple Interest
Subject: interest
Transcript: CALLED INTEREST ON EVERY LOAN THEY MAKE. IT'S THIS FEE THAT MAKES IT WORTHWHILE TO LOAN MONEY. THE IDEA OF PAYING MONEY TO USE SOMEONE ELSE'S MONEY IS
Credit Purchases
Learn just how prevalent credit has become in retailing and how in today's business world, credit is no longer just a customer convenience, it increases sales and provides additional income.
Subject: interest
Transcript: , OVER TIME THAT IS. LET'S SAY THAT THE ANNUAL FINANCE CHARGE, THE INTEREST ON THE CREDIT LOAN, IS 24%. THAT MAKES THE MONTHLY FINANCE CHARGE 2% EACH MONTH
Annuities, Sinking Funds, and Amortization
Analyze different types of periodic payments that expand a business's or individual's purchasing and investment power.
Subject: interest
Transcript: ANNUITY HAS PAYMENT DATES THAT MATCH THE COMPOUNDING PERIOD. IF INTEREST IS COMPOUNDED QUARTERLY, THEN DEPOSITS TO THE ACCOUNT ARE ALSO MADE QUARTERLY. AN
Allocating Costs and Profits
The mathematics used to determine the profitability of a product or service by proper allocation of overhead costs.
Subject: interest
Solving a Complicated Principal, Rate, and Interest Problem
Two loans with different interest rates and terms are compared to find the one that fits with the borrower's budget for interest.
Subject: interest
Transcript: SIMPLE INTEREST. JANE'S PARENTS WILL MAKE A LOAN AT 4% INTEREST PER YEAR, AND THEY WANT TO BE PAID THE FIRST OF EACH MONTH. JOHN'S PARENTS WILL CHARGE 7