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Dive into a comprehensive video tutorial on simple interest calculations and short-term loans. Learn the fundamentals of debt and interest, explore simple interest terms and formulas, and work through various examples to calculate interest for different time periods. Master techniques for solving principal, annual simple interest rate, and time problems. Gain practical Excel skills for financial calculations, with downloadable resources available for hands-on practice. Perfect for business math students and professionals seeking to enhance their financial analysis capabilities.
Syllabus
) Introduction.
) What is Debt?.
) What is Interest?.
) Simple Interest Terms & Example #1 of Simple Interest.
) Simple Interest Formulas.
) Video Examples 02-04, Calculate Simple Interest when Time is Given as a Fraction of Year.
) Video Examples 05-08, Calculate Simple Interest when Time is Given in Days or Months.
) Video Examples 09-10, Solve for Principal.
) Video Examples 11-12, Solve for Annual Simple Interest Rate.
) Video Examples 13-14, Solve for Time.
) Summary.
Taught by
ExcelIsFun