Computing Interest: Simple vs Compound
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#1
04-17-2008, 06:27 AM
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Computing Interest: Simple vs Compound
If you have ever wondered how interest is calculated on your installment loans (or savings account), this is a good video to help you understand. It explains the difference between simple interest and compound interest, and illustrates through example.
I chose this video because it is relatively short (3.5 mins) and to the point. 
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#2
04-17-2008, 06:51 AM
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Thanks DebtCruncher, I see a lot of good videos by the same user http://www.youtube.com/profile_video...sanCrosson&p=r
- Vikas __________________
1st year law student at John Marshall Law School ============================================ DebtConsolidationCare - Largest Community of people in debt.
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