1. Principles of Simple Interest

In this course I will introduce you to the basic simple interest formulas and how to solve problems with them.

4.60 (16 reviews)
Udemy
platform
English
language
Finance
category
instructor
1. Principles of Simple Interest
1,125
students
1 hour
content
Feb 2014
last update
FREE
regular price

What you will learn

solve for the future value or maturity value

Solve for the interest amount

solve for the rate

Solve for the principal or present value

Why take this course?

                 Using the basic simple interest formulas, you will be able to solve for any of the variables (I, S, P, r or t) when given the values of any three. This course will take you approximately 3-4 hours to complete..

            I provide you with a workbook style manual that you can use to fill in with your notes as you are watching the video lectures.  This will give you a great comprehensive set of notes for all sorts of interesting problems involving simple interest calculations. 

            If you wish to understand how time affects the value of money, then this is a good starting course for you.


If you are interested in mathematics of finance and would like to study these topics in more depth, then this is an excellent introduction to the formulas used with Simple Interest and how to solve finance problems.

Be sure that you have a financial calculator with you as you are going through the examples. If you do not have such a calculator, a simple basic calculator will be sufficient but when you reach advanced financial calculations including compound interest, a scientific calculator with exponent function and a logarithm function will definitely be required.

If you have any questions, do not hesitate to use the message system to ask! I am always checking to see how my students are progressing through their courses


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Content

The Simple Interest Formulas

Simple Interest - Workbook and Video Examples
The BA II Plus Financial Calculator
Introduction to Simple Interest - terminology and formulas
quiz 1: the basics of simple interest
Examples 1 and 2
Examples 3 and 4
Examples 5 and 6
Examples 7 and 8
quiz 2

Simple Interest - Part 2

Part 2 - Workbook and Video Examples (examples 9-17)
Examples 9 and 10
quiz 3
Examples 11 and 12
quiz 4
Examples 13 and 14
quiz 5
Examples 15 - 17
quiz 6
additional reference

Screenshots

1. Principles of Simple Interest - Screenshot_011. Principles of Simple Interest - Screenshot_021. Principles of Simple Interest - Screenshot_031. Principles of Simple Interest - Screenshot_04

Reviews

Nathan
December 31, 2022
Great course and easy-to-follow concepts. Great job I can't wait to learn compound interest!!!!!!!!!!!!!!
Arka
March 14, 2014
Helen has done a great work by explaining the concepts in a very simple and easy way so that any type of person can learn it easily. I would like to vote it for any person who would like to learn Simple Interest. Thanks Helen for this course. Akiii
Mark
January 28, 2014
Well presented, easy to follow. I would recommend to anyone and it would be a great course to present to high school and college students on the subject.

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Related Topics

145220
udemy ID
1/10/2014
course created date
5/7/2021
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