Simple Interest and Compound Interest

 Video Tutorial

Key Aspects:
  • Simple Interest over Years
  • Compound Interest over Years
  • Simple vs Compound Interest over Years
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 Revision Cards

1) Simple Interest over Years

Simple interest calculation example, showing the principal amount, interest rate, and time in years, resulting in £15 interest over 3 years.

2) Compound Interest over Years

Compound interest calculation over three years showing the formula and total amount of £115.8 from an initial £100.

3) Simple vs Compound Interest over Years

Comparison of simple interest and compound interest formulas, showing calculations for total amount and interest earned over years.

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 Exercises

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