Financial Mathematics - Finance Solver

Covers the topic of Compound Interest, using the Finance Solver Application, as outlined in the International Baccalaureate Standard Level Applications and Interpretation Diploma Program. Includes the use of the Graphical Display Calculator (GDC).

[@ayeshaahmad5362]

Thank u kind, Sir. I really needed to know this for my upcoming year 12 exams (in Aus). The beginning was very helpful as well since my textbook doesn't do a good job of explaining the finance solver function properly.

[@mathsican7796]

I’m glad it was helpful and best of luck in your exams

[@-untipoinunposto3745]

Really really thank you

[@mathsican7796]

You’re welcome

[@haythamziad2647]

Invested for 4 years why 4*1=4 in it other videos u did 4*12=48

[@mathsican7796]

it’s because in this example the interest is compounded ‘annually’, which is only once a year - so the value of k is 1.
In the other video the interest was compounded ‘monthly’, which is twelve times a year - so k was 12. I hope that this makes sense.

[@efeakbatur547]

Thank you this helped a lot

[@mathsican7796]

You’re welcome 😁

[@catalinasc19]

thank you

[@mathsican7796]

you’re welcome.