Introduction to Simple and Compound Interest

What you’ll learn to do: Calculate interest rate, time, initial deposit, and total balance of both simple and compound interest situations

We have to work with money every day. While balancing your checkbook or calculating your monthly expenditures on espresso requires only arithmetic, when we start saving, planning for retirement, or need a loan, we need more mathematics.

Four credit cards sticking out of the back pocket of a pair of jeans