So mam you're actually saying we add the deposit two times?on the money that we owe for the couch and on the total repayment.Eventually that's an overprice
For the last example where it asked What was the total interest paid ? I took the 22900 & subtracted cost of the painting which lead me to the same answer of 9400 . Am doing it wrong ? thank you for your work 💗
@@maths_monkey the person meant that since When calculating the total interest paid on a hire purchase, we need to find the extra amount of money paid beyond the cost of the item (in this case, the painting). This extra amount is the interest. so she said 22900-13500 and got the answer 9400. i did the same. Is that okay?
Hey ma’am I have a question hopefully I get a response ..you used a diffrent sinple interest method may I ask why cause I used the 14025(1+8/100 x2) and gave me a different answer compared to yours of which this is the method of simple interest I know
Hey, so the formula you are using is the initial value plus the interest. The methodi im using is just calculating the interest on its own. If you add my interest value to the initial value you will get your answer.
hey mam , I'm doing this on an assignment but with a home bond and it is said we must use compound interest but it's duration is 20 years , do i do it step by step or there is a simpler way?
Hi She calculated Monthly instalments so she used 24 months which is the duration of 2 years She had to use 24 because it said calculate monthly so she had to convert the 2 years to 24 months That is where 24 comes from Hope this helps❤
The Love I have for you ❤️🔥 you've helped me so much last year in a space of 4 months from level 3 to 6(78%) thank you🎉😊 you are an amazing teacher
This is so nice to hear. Happy the videos helped you and well done on your great marks.
@@maths_monkey❤❤
🫵🏽you’re a star ma’am!
Need this for my math literacy exam tomorrow. Please wish me luck
I hope it went well.
Much love ma'am you've really help me ❤
Your are much appreciated ❤😢yhuu thank you so much 🎉
Your videos are absolutely perfect
Regarding mathematical literacy, out of the videos is that the full content of it?
80% of the content
Beauty, this helped alot
Can you please elaborate more on hire purchase? Thank you ❤️
Heyy mam ❤plz post videos about maps and plans
So mam you're actually saying we add the deposit two times?on the money that we owe for the couch and on the total repayment.Eventually that's an overprice
No we only add the deposit once when trying to find the total cost of the item.
For the last example where it asked What was the total interest paid ? I took the 22900 & subtracted cost of the painting which lead me to the same answer of 9400 . Am doing it wrong ?
thank you for your work 💗
The 22900 is the cost. Not sure what you've subtracted from that.
And you're welcome😊
@@maths_monkey the person meant that since When calculating the total interest paid on a hire purchase, we need to find the extra amount of money paid beyond the cost of the item (in this case, the painting). This extra amount is the interest. so she said 22900-13500 and got the answer 9400. i did the same. Is that okay?
I wanna know why have you multiplied interest by 2
Hi darling, please provide me with a time stamp so that I know exactly where in the video you are referring to, then I can help you.
7:10
Thank you so much man 🙏🔥😊
Hey ma'am can you please do questions on comparing travel options
Hey ma’am I have a question hopefully I get a response ..you used a diffrent sinple interest method may I ask why cause I used the 14025(1+8/100 x2) and gave me a different answer compared to yours of which this is the method of simple interest I know
Hey, so the formula you are using is the initial value plus the interest. The methodi im using is just calculating the interest on its own. If you add my interest value to the initial value you will get your answer.
Total repayments how did you get 2475
hey mam , I'm doing this on an assignment but with a home bond and it is said we must use compound interest but it's duration is 20 years , do i do it step by step or there is a simpler way?
Thanks 😊
Mam is this always the steps for hire purchase?
Thank you mam🔥🙏
Most welcome 😊
Thank you ❤
You're welcome 😊
Hey Mam please can you do measurements
Go to my channel, navigate to the playlists and you will find a measurement folder. All videos on this topic you can find there.
May you please help me to know how to find a cash price please cause am really struggling.May you help please 🙏🙏
Hi, please check out my video on percentages.
Me too am struggling
Hey Mam can you please do a video about Volume
Thursday I release a video on volume
Where does 24 comes from
Hi
She calculated Monthly instalments so she used 24 months which is the duration of 2 years
She had to use 24 because it said calculate monthly so she had to convert the 2 years to 24 months
That is where 24 comes from
Hope this helps❤
Aisha is 100% correct, thank you for helping.
sounds like you under water
thank you .🫶🏻