Solving Compound Interest Word Problems - How to Grow $4000 to $20,000
Offered By: TabletClass Math via YouTube
Course Description
Overview
Solve a compound interest exponential equation algebra word problem in this 12-minute video tutorial. Learn how to calculate the number of years needed to grow $4000 into $20,000 with a 7% annual compound interest rate. Gain valuable insights into solving complex financial math problems and enhance your algebra skills. Explore additional resources for middle school, high school, college, test prep, and teacher certification math at TabletClass Math Academy's website.
Syllabus
To grow $4000 into $20,000 how many years would you need to invest at 7% annual compound interest?
Taught by
TabletClass Math
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