Watch the lessons below and work through the topic at your own pace. Click on the button above to practice using our tests after watching.
In this lesson, you will master the core concepts of simple and compound growth and decay through clear, step-by-step mathematical explanations. This tutorial breaks down the essential differences between linear and exponential changes, giving you the tools to confidently solve any financial or algebraic word problem. You will learn how to identify key phrasing in exam questions, choose the correct formula between straight-line and reducing-balance methods, and apply these concepts to real-world scenarios like inflation, investments, and asset depreciation. Perfect for students preparing for exams or anyone looking to brush up on financial mathematics, this guide simplifies complex equations into practical, easy-to-follow steps.
In this lesson, you will master the core concepts of simple and compound growth and decay through clear, step-by-step mathematical explanations. This tutorial breaks down the essential differences between linear and exponential changes, giving you the tools to confidently solve any financial or algebraic word problem. You will learn how to identify key phrasing in exam questions, choose the correct formula between straight-line and reducing-balance methods, and apply these concepts to real-world scenarios like inflation, investments, and asset depreciation. Perfect for students preparing for exams or anyone looking to brush up on financial mathematics, this guide simplifies complex equations into practical, easy-to-follow steps.
In this lesson, we explore the concepts of Present-Value and Future-Value Annuities. Learn how these annuities work, their formulas, and how to apply them in solving exam questions. Get a step-by-step breakdown of past exam problems to ensure you're prepared for your upcoming assessments
This video demonstrates how to use logarithms to calculate the time period required for an investment to reach a target balance. Because the time variable sits in the exponent of the monthly compound interest formula, basic algebra cannot isolate it. The presenter resolves this by simplifying the equation and applying a logarithm to both sides. This triggers the logarithm power rule, which pulls the unknown time variable out of the exponent and down to the baseline as a standard multiplier. The video concludes by showing how to solve the resulting linear equation to find the final time frame.
In this lesson, viewers will learn how to use logarithms to analyze and compare different investment and loan options. The video demonstrates how to isolate the time variable in financial equations to calculate exactly how long it takes an asset to grow or a debt to be cleared. By breaking down the relationship between compounding interest rates and time, the lesson provides the tools to evaluate the lifetime cost of borrowing versus the actual yield of investing, enabling data-driven financial decisions.