26 - Compound Interest Formula & Exponential Growth of Money - Part 1 - Calculate Compound Interest

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  • เผยแพร่เมื่อ 7 ก.พ. 2025

ความคิดเห็น • 256

  • @davidball7712
    @davidball7712 4 ปีที่แล้ว +145

    65 years later, and now I find the Math teacher I've been looking for.

    • @mazam2014
      @mazam2014 4 ปีที่แล้ว +4

      No - 65 year later you are mature enough to understand those concepts 😂

    • @elizabethmackey793
      @elizabethmackey793 4 ปีที่แล้ว +1

      I agree with you David

    • @jawaherfadhel194
      @jawaherfadhel194 3 ปีที่แล้ว +1

      True!

    • @tommyharris5817
      @tommyharris5817 3 ปีที่แล้ว +10

      The Chinese saying: it's better to learn for 1 year under a good teacher than 100 years under a bad teacher

    • @aztecwarrior7678
      @aztecwarrior7678 3 ปีที่แล้ว +3

      Ian 66 and finally understand !!!

  • @transmoonlife
    @transmoonlife 4 ปีที่แล้ว +55

    In fact, learning process is in fact governed by Compound Interest, The more you practice (componding), the more you learn. All our knowledge, experience etc, can be viewed from this compound formula. Thank you Sir, your teaching is great.

    • @FooLaiNee
      @FooLaiNee 2 ปีที่แล้ว

      Well-put! :)

  • @samuelselassie1575
    @samuelselassie1575 3 ปีที่แล้ว +8

    Ok, let me explain it this way...as a professor, you have earned a compound interest from everyone appreciation, appreciation.....appreciation. I also have observed w/in 48 minutes that your smart brain and a good heart by taking your time to educate people about debt.

  • @Backstabbio
    @Backstabbio 4 ปีที่แล้ว +91

    The question is how much money would I have saved if I had this guy as a math teacher 25 years ago...

  • @robinsoninforma
    @robinsoninforma 4 หลายเดือนก่อน +3

    You are a genius Sir. One thing is to have the knowledge another is to know how to convey it and share it to others. GOD bless you are the REAL INFLUENCER that changes for better lives of thousands of people making an unmeasurable positive impact in our short existence. I am your fan forever. I will subscribe to your official web page and maybe collaborate a least a little bit because I am still a student. You don't' just deserve economical abundance you deserve all the good things. Love you Sir!🙌🙏🙏

  • @Nightcrawler58
    @Nightcrawler58 2 ปีที่แล้ว +6

    SIR Mr. The professor Jason!!
    You are truly an incredible teacher.
    God bless you
    We all you

  • @haja4192
    @haja4192 3 ปีที่แล้ว +5

    I spent almost one hour searching in google for the concept of other than annual compound rates. This was an amazing explanation makes us to understand the concept rather than memorizing it. Thank you so much

  • @JuliafromOttawa
    @JuliafromOttawa 4 ปีที่แล้ว +10

    You are an amazing math teacher and really explain the concepts well. Many years ago I did an undergraduate degree in math because it was so easy and fun. I continued my studies with several post-graduate degrees, not in math and have had an amazing very successful career. Now that I am retired, I have gone back to studying math as a hobby; your lessons have been instrumental in re-sparking my interest. Thanks so much!!

  • @deeparaut8906
    @deeparaut8906 3 ปีที่แล้ว +15

    You are real Math Teacher Makes us to understand properly

  • @tw8725
    @tw8725 ปีที่แล้ว +5

    This lesson is much more practical than most classes I have taken in college. Thank you so much!

  • @babansatpute8424
    @babansatpute8424 4 ปีที่แล้ว +8

    Splendid way of explaining. I never wanted to study Math before but my dad forced me to watch this video and I really enjoyed learning it .Thankyou very much. I am looking forward for more videos and learn better.

  • @samuelmartis5699
    @samuelmartis5699 4 ปีที่แล้ว +10

    Thank you so much Jason. I've been looking for a Guru who could explain to me the real meaning of 1 in the formula. I've found one in you. It's not so hard to understand the formula except for the number 1 in the bracket. It makes sense when you explain it as distribution of multiplication over addition. It did not make sense when many teachers say it is hundred percent or....
    Keep up the great service.

  • @cesarroldan6671
    @cesarroldan6671 4 ปีที่แล้ว +31

    You're such a great tutorial instructor ever.

  • @kyawzinthant8442
    @kyawzinthant8442 2 ปีที่แล้ว +2

    I am not worried about maths and science anymore. All I need is time to watch your video. Thank you again, Sir.

  • @market_makers_maker
    @market_makers_maker 4 ปีที่แล้ว +5

    Many years and I was listening to teachers who themselves didn't understand the concept.
    Thanks for explaining it thoroughly.
    Wondering all those days I didn't search it till this moment 🙉.
    keep it up.👍

  • @vh5200
    @vh5200 2 ปีที่แล้ว +8

    This teacher / instructor is soo good!! He explains the process step by step in order to helping people understand the theory. I am happy find this Chanel.

  • @JacquelineSALEU-jo4ns
    @JacquelineSALEU-jo4ns 5 หลายเดือนก่อน

    I'm actually one of those students who asked my math teacher why study maths. I didn't like numbers.
    Today, with a growing interest in investing, I'm finally appreciating numbers and especially compound interest.
    N I love that line by Albert Einstein. 'He who knows it, erns it. He who doesn't, pays it" 💪😉

  • @Alex-xy3vr
    @Alex-xy3vr 3 ปีที่แล้ว +5

    Bless your soul sir you are a true and worthy INFLUENCER I realize the entire universe is made of infinite amount of math and knowledge!!

  • @alfredoserra4277
    @alfredoserra4277 8 หลายเดือนก่อน

    You are truly a great teacher for having me understand the power of compounding.I have very much appreciated all your teaching which I haven’t learned on my younger years.

  • @wcorrea27
    @wcorrea27 3 ปีที่แล้ว

    After 54 yrs I found a math teacher that I can understand. I was lost on the last part with the log but I will watch a few times like you suggested to see if I get it. Thanks.

  • @felixyongco1168
    @felixyongco1168 3 ปีที่แล้ว

    He is god's gift teacher. I did not learn this subject in my engineering learning..
    We were more of parabolas , hyperbolas ellipse and functions up to integro- differential... very hard..
    The best teacher in the world

  • @kuolagoot1797
    @kuolagoot1797 2 ปีที่แล้ว

    I am loving his sophisticated in math industry. And this will educated whom has courageous in math for living. Loved its because it's professional skillful.

  • @samabreez8746
    @samabreez8746 ปีที่แล้ว

    The truth i knew about compounding interest but never understood it,, you made me understand it even more deeper thanks teacher

  • @TheRobimac00
    @TheRobimac00 3 ปีที่แล้ว +3

    This teacher is one of the best I have seen... ( I am almost 78.)

  • @Jennyl0v2
    @Jennyl0v2 2 หลายเดือนก่อน

    you are the maths teacher i needed the most this is so so helpful and will definitely help me for the future

  • @rinnguyen-vnde
    @rinnguyen-vnde 7 หลายเดือนก่อน

    Been afraid of maths my whole life now i've found a teacher that makes me understand what it took them 3 high school years to teach me in just 48 mins T__________T

  • @amit28111
    @amit28111 4 ปีที่แล้ว +20

    Thanks, you have the gift of making people understand,

  • @mikeg8335
    @mikeg8335 3 ปีที่แล้ว +1

    Excellent, clearly explained with just the right amount of reiteration etc. for me!

  • @jazzman642
    @jazzman642 ปีที่แล้ว

    I needed to help my grandson with his math and all I had was the equation- no example or explanation and no “n”.
    Thank you for explaining so it all makes sense. Didn’t even need to watch the whole thing to get it.

  • @RegimeChangeEritrea
    @RegimeChangeEritrea 3 ปีที่แล้ว +1

    Very clear explanation. Excellent teacher.

  • @gentlybuzzedpodcast392
    @gentlybuzzedpodcast392 4 ปีที่แล้ว +14

    Man, I guess a lot of people just want FAST MONEY these days and not having to work and have patience! Excellent explanation and I love your teaching as well!

  • @HadijaYakubu-hg2go
    @HadijaYakubu-hg2go 9 หลายเดือนก่อน

    Wow I really appreciate for your help bcoz I never understand compound interest thank you so much God bless you

  • @williambrown1451
    @williambrown1451 2 หลายเดือนก่อน

    great breakdown of compound interest, thanks for posting

  • @frankroca7564
    @frankroca7564 2 ปีที่แล้ว

    The best teacher ever!

  • @josephmigila
    @josephmigila ปีที่แล้ว

    what a great information you have broken down into an easy way of understanding. bless you

  • @mikehipparchusnewton7436
    @mikehipparchusnewton7436 3 ปีที่แล้ว

    It's no wonder this guy was seen in mission control at NASA rather than just teaching in a classroom. He clearly understands what's going on behind the math more than most people. Obviously, the doubling exponential function is y=2^(x). The inverse of that would be log2(y)=x.
    Exponential functions will always outgrow linear functions, if you give them enough time. I'm just watching this as a preview for the coolest number around: e.

  • @edwardkepwela5869
    @edwardkepwela5869 3 ปีที่แล้ว +1

    thanks for the video coz that really gave me a clear idea on how to explain compound interest to my students

  • @dadatemitope3766
    @dadatemitope3766 4 ปีที่แล้ว +3

    I have been following all your works i come across on TH-cam and i love them all.
    I wish i could have all the lessons from basic level to expert level.

    • @MathAndScience
      @MathAndScience  4 ปีที่แล้ว

      Wow, thank you!

    • @genevieve-vr4en
      @genevieve-vr4en ปีที่แล้ว

      @@MathAndScience good morning Sir..
      Any video for bank discount in finance??
      I have seen many but yours would be more basic and easy to understand..

  • @ClodoaldoMarques-v8n
    @ClodoaldoMarques-v8n 4 หลายเดือนก่อน

    super video professor... I admire your my friend..... thank you very much.

  • @eag618
    @eag618 11 หลายเดือนก่อน

    Wow, wish they taught this subject of investment in school, like they didn't want us to know, truly amazing teacher you are, great I can now show the grannies what to do 👍👍👍

  • @sandipgupta4946
    @sandipgupta4946 7 หลายเดือนก่อน

    Excellent concept teaching sir

  • @sayed8172
    @sayed8172 ปีที่แล้ว

    The best explanation on the planet

  • @adityac5423
    @adityac5423 3 ปีที่แล้ว +1

    what a banger of a vid....thouroughly enjoyed this sir...

  • @tafadzwachinayi6526
    @tafadzwachinayi6526 3 ปีที่แล้ว +2

    Well explained .. thanks to you Legend. Best math teacher ever! I've been following yr tutorial videos. keep up with the good work.. applauding!

  • @bucs2021
    @bucs2021 ปีที่แล้ว +1

    You want to learn, stick to Mr. Gibson teaching method. He is unique on determination to give knowledge. Not learning is NOT an option with Mr. Gibson. It is pleasure going through his videos.

  • @bibiansambou2698
    @bibiansambou2698 10 หลายเดือนก่อน

    Your explanation is clear and I like your teaching

  • @TurtleCat666
    @TurtleCat666 3 ปีที่แล้ว +1

    its was getting easier until 43:11 where do logs come in from and are the super necessary to use?

  • @rahulalbert5395
    @rahulalbert5395 2 ปีที่แล้ว +1

    Sir you are really a blessed professor

  • @baskarv7975
    @baskarv7975 ปีที่แล้ว

    Dear Jason , You are amazing teacher

  • @geemageevarghesekuruppan6806
    @geemageevarghesekuruppan6806 4 ปีที่แล้ว

    super....described from the bottom.... kids will understand all concept, theory and practical applications...super..

  • @richardmwambanga2423
    @richardmwambanga2423 5 หลายเดือนก่อน

    I enjoyed math today more than I did in school!!! I actually did the math too!

  • @brightonseleli2531
    @brightonseleli2531 2 ปีที่แล้ว

    Wow this video has really helped me a lot.....you the best 👏👏

  • @Xardas_
    @Xardas_ 2 ปีที่แล้ว

    It's no longer over my head. thank you !

  • @valeriebouffard1818
    @valeriebouffard1818 4 หลายเดือนก่อน

    Very well explained thank you so much

  • @ashokekumarsen7919
    @ashokekumarsen7919 2 ปีที่แล้ว +1

    This professor is brilliant

  • @papelascahobas3120
    @papelascahobas3120 3 ปีที่แล้ว

    I enjoy this part, of the lesson. I never understood the formula when I was in School. 65 yrs ago

  • @braziltokyoschool
    @braziltokyoschool 10 หลายเดือนก่อน

    Amazing class! Thank you very much.
    Greetings from Brazil.

  • @JonasSMpande
    @JonasSMpande ปีที่แล้ว

    Your lessons really help

  • @karimvalimohamed6866
    @karimvalimohamed6866 3 ปีที่แล้ว

    nicely done, thank you! asking my students to check out your video.

  • @ig465432
    @ig465432 3 ปีที่แล้ว

    Excellent video! I really finally understand compound interest.

  • @JapaDollar
    @JapaDollar 3 ปีที่แล้ว

    I used to hate maths. I wish I had a teacher like you.

  • @niallfinn7109
    @niallfinn7109 4 ปีที่แล้ว +5

    Well done jason...i can see a future where online learning replaces schools...and if your lessons are anything to guage the future by...the future is bright

  • @vincentramaremelaramarimel6136
    @vincentramaremelaramarimel6136 ปีที่แล้ว

    You are the best bro, thanks 😊

  • @carlosramongarcesroyero
    @carlosramongarcesroyero 2 ปีที่แล้ว

    in the example of saving money, minute 10.13, in the website, it is an example of compound interest with contributions, where contributions are monthly, and compounding annually. What is the formula is this case? The formula that I normally use is accurate when period of contributions, and compounding period is the same, for example, monthly contributions, and compounding monthly. However when the contributions are monthly, and compounding annually, the result is not accurate. I'd really appreciate to know what is the formula behind the calculation of the example in this video. Thank you.

  • @swadeshtaneja3512
    @swadeshtaneja3512 4 ปีที่แล้ว

    You are an excellent teacher for sure.

  • @ahmedabdelwahab6962
    @ahmedabdelwahab6962 8 หลายเดือนก่อน

    Well said sir ❤❤❤

  • @agbewowoelecollinskofi4736
    @agbewowoelecollinskofi4736 2 ปีที่แล้ว

    Wow, this is quite insightful. I wish I knew this 15 years ago.

  • @neerajjain2459
    @neerajjain2459 ปีที่แล้ว

    Difficult thing but ery easily explained ❤

  • @ironBird83
    @ironBird83 4 ปีที่แล้ว +7

    As dumb and effed up as I am with maths... I understood exactly how this eighth wonder of this world.

  • @ntanileonardnsodzeka481
    @ntanileonardnsodzeka481 3 ปีที่แล้ว

    Thank you for sharing this knowledge to the world sir. You are a genius

  • @mr.militant781
    @mr.militant781 2 ปีที่แล้ว

    Thank you for simplifying compound interest for me

  • @ajaynarayankutty3507
    @ajaynarayankutty3507 3 ปีที่แล้ว

    You Are Awesome. Perfect Math Teacher 🙌

  • @notjust.ohemaa
    @notjust.ohemaa 3 ปีที่แล้ว

    Great teacher, great lesson.

  • @fesalvehbi6511
    @fesalvehbi6511 3 ปีที่แล้ว

    Best explanation on here thankyou

  • @radekhurkaa8610
    @radekhurkaa8610 9 หลายเดือนก่อน

    very good lesson

  • @famlit.
    @famlit. 2 ปีที่แล้ว

    GREAT EXPLANATION

  • @tresajessygeorge210
    @tresajessygeorge210 11 หลายเดือนก่อน

    THANK YOU... SIR...!!!
    GREAT TEACHER...!!!
    AGAIN...!!!

  • @niceguy4801
    @niceguy4801 3 ปีที่แล้ว

    Thankyou so much for the effort to make us students understand it sir

  • @JakeandAnnie
    @JakeandAnnie 2 ปีที่แล้ว

    Also need to take any dividend growth into consideration.

  • @lenas1281
    @lenas1281 3 ปีที่แล้ว

    His way of teaching is gorgeous

    • @FekaduTesfazion
      @FekaduTesfazion 4 หลายเดือนก่อน

      Ey yo are you flirting 🫦 with him

  • @peacebwithu7998
    @peacebwithu7998 2 ปีที่แล้ว

    Thank you for your videos 🙏 What banks give 8% interest? I googled it but so many sites open up and I’m not sure which is right. I’m afraid of getting scammed. Which banks in California give 8% interest?

  • @hazelmauchi6472
    @hazelmauchi6472 3 ปีที่แล้ว

    Very helpful indeed, thank you Sir

  • @irenejohnston6802
    @irenejohnston6802 3 ปีที่แล้ว +1

    8% we should be so lucky! Basic bank savings is at an all time low. 0.01% HSBC uk
    Cash ISA is zilch now. Soon b putting my money under the bed! Love yr teaching method by the way. Cldve done with you at school, I'm 81yrs old.

  • @georgekeruv9159
    @georgekeruv9159 ปีที่แล้ว

    Is the same formula approved with the stock investment

  • @samejom
    @samejom 4 ปีที่แล้ว +3

    Very well explained.Much appreciated.How does it work for compound interest calculated daily? What would be its formula? Thanks.

    • @anaherrera3588
      @anaherrera3588 4 ปีที่แล้ว +2

      you would use 365 for daily. Just like 12 for monthly, 4 for quarterly, and 1 for annually.

    • @anaherrera3588
      @anaherrera3588 4 ปีที่แล้ว

      play video at 32:43

  • @charlesleong1825
    @charlesleong1825 3 ปีที่แล้ว

    given a know initial capital, investment period, target balance, what is the compound interest rate required to get me there?

  • @phil97n
    @phil97n ปีที่แล้ว

    Wonderful thank you.

  • @donnaberube5480
    @donnaberube5480 10 หลายเดือนก่อน

    thank you for the explanation...I wish we could find 50% interest rate compounded daily. I did find 5.10% for 10 months.

    • @ChrisnaldoFabrolo
      @ChrisnaldoFabrolo 12 วันที่ผ่านมา

      This man! You can have it. Just check betting sites😂

  • @swadeshtaneja3512
    @swadeshtaneja3512 4 ปีที่แล้ว +1

    The value of the money is also depreciated every year. It’s buying power for different items changes.The coffee which was 10 cents in 1968 is now three to four dollars..

  • @aztecwarrior7678
    @aztecwarrior7678 3 ปีที่แล้ว

    So,, on the 3nd quarter do you use the original principal or the new principal that you earned on quarter 2??

  • @tambuwalmathsclass
    @tambuwalmathsclass 4 ปีที่แล้ว +1

    You're amazing

  • @Fruhusnisse
    @Fruhusnisse 2 ปีที่แล้ว

    Do you have examples and calculations of compund exponential growth which including adding a fixed sum every month? You mentioned saving each month, but not much was explained as with the one-time-deposit.

  • @cherise1705
    @cherise1705 3 ปีที่แล้ว

    i'm watching this the day before my SAT :)

  • @aquilessantillana7999
    @aquilessantillana7999 2 ปีที่แล้ว

    Bravo Mr

  • @Thor-wu9mp
    @Thor-wu9mp 2 ปีที่แล้ว

    Thank you sir😄

  • @darrick1426
    @darrick1426 2 ปีที่แล้ว

    AWESOME 👍

  • @danielcooper5698
    @danielcooper5698 4 ปีที่แล้ว +2

    Can you help me solve this? I have $10,000 invested at 20% interest per year, compounded daily. BUT, in order for me to collect the interest (and reinvest it) I have to pay 40cents (regardless of how many days of interest have accumulated). What is the optimal number of days that I should wait to collect my interest and reinvest it?

  • @willioofgodlaguerre5519
    @willioofgodlaguerre5519 4 ปีที่แล้ว

    very brilliant instructor. Thank you

  • @siddhantkohli5063
    @siddhantkohli5063 3 ปีที่แล้ว

    you're a really great teacher God bless you !

  • @beloved3tmosil363
    @beloved3tmosil363 3 ปีที่แล้ว +1

    Is there any difference between the interest got by compounding 8% annually and compounding 2% quarterly???