Introduction

This page contains the list of lessons on interest formulas (covers simple interest and compound interest). Each lesson consist of a math video, study tips and practice questions.

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Lessons Description

When we take up a loan, we will have to pay extra money for using the loan. This extra money is called interest.

There are several types of interest. The lessons below will touch on:

1. Simple Interest
2. Compound Interest

Here, we will learn the basics behind these two types of interest. Also, we will see how we can derive the formulas for these interests and see some examples on using them.

This lesson explains the basics behind simple interest and shows how to derive the formula needed to calculate the interest. This lesson also covers the maturity value formula...

Formula for Simple Interest

In this lesson, we will see some examples on how to calculate simple interest...

How to Calculate Simple Interest

In this lesson, we will learn about the basics behind compound interest and see how to derive the formula for it...

Formula for Compound Interest

In this lesson, we will see some examples on how to calculate compound interest...

How to Calculate Compound Interest