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This video is the final one in the series dealing with Financial Mathematics for the Further Maths course. It takes all we have been learning and now adds some extra excitement to it. Dealing with compound interest investments with regular additions to the principal I show how to use amortization tables to look at what happens when we invest money, get interest and then add additional payment. I look at how you can be a millionaire by the time you retire with a very easy to follow method. I show how to use the CAS and use lots of awesome examples.
TitleCompound interest investments with regular additions to the principal (annuity investment)
SectionModelling and analysing reducing-balance loans and investments
CourseFurther Mathematics: Units 3 and 4
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vce mathsCompound interest investments with regular additiovce furthervce further mathsfurther mathsfurther 3 and 4Year 12 Mathscompound interestannuity investmentUsign the CASFinancial solverHow to become a millionairecompounding interest
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Stuck on a step? Wondering about a concept? Leave a question below — Darren and the MaffsGuru team read every comment.