Compound interest is calculated with the formula of A equals P times one plus R over N to the Nth power. Plug in numbers to a formula to calculate compound interest with lessons from a math teacher in this free video on math calculations for daily life.
Expert: Jimmy Chang
Bio: Jimmy Chang has been a math teacher at St. Pete College for nearly a decade. He has a master’s degree in math, and his specialties include calculus, algebra, liberal arts, math and trigonometry.
Filmmaker: Christopher Rokosz