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

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