In the last video, I hopefully showed you that if I borrowed P dollars, and I borrow it for a year, and you were to charge me an interest rate of r, or you could say 10r , then at the end and we were to compound continuously.

Periods per year

Periods

At the end of 10 years, I owe 500.

So t is equal to three years.

converter, euro, money, cash, calculator

So if you're getting 5 a year, that's going to be equal to let's do it on the calculator.

166 effective interest rate.

So now, in this situation. we are compounding the interest.

Compounded for 64 years.

And whatever the down payment percentage is, it'll calculate it.

So these are kind of the important numbers in the home buying scenario.

A lot of people, you know, when you hear 10 interest rate or even a 25 interest rate, that no one really makes a big deal about it.

Let's say this is what we assume is how many cupcakes we sell.

Father is trying to figure out his tax.

And we haven't covered this yet,

When we did return on asset, we looked at the operating profit, because this is what our company generated before we paid the bank or Uncle Sam or anything like that.

Just to clarify.

Here's Fredrik, let's get out of here.

I created this theory because nobody, ever, could give me a more detailed explanation, other than you need to know how to calculate.

We get r is equal to 0.23, or 23 .

Perform symbolic and numeric calculations using Maxima

I'm just multiplying this times itself.

That equaled 2.613.

That equals my final payment or how much I owe once all the interest and the principal has compounded.

Sheldon can do your income taxes.

So that becomes the new P, so I could write Pe to the r, and it's going to and that new principal is going to compound for another year.

But that's only important in the early universe, so it's generally neglected in this computation.

The mortgage payment, we calculated that before, using our mathematical knowledge of geometric series.

My head I think implicitly made the numbers work out nicely.

It's much less likely.

Histogram calculation...

Cash converter and calculator

Calculators

Gas Calculator

Mass Calculator

Calculator

Calc

Arithmetic

Compute

Calculation

Calculate

Calculate start

Calculate early start

Calculate late start