Learn to calculate the simple interest on a loan using the simple interest formula.
Covers calculating interest rates, borrowing money, paying money back, and the fees associated with borrowing money.
Covers how to calculate unknowns besides the interest rate, like the amount of time it takes to earn a specific amount of interest.
Learn to solve real-world problems involving simple interest
Explains how to solve interest problems using the simple interest formula.
Learn how balloon mortgages caused an economic crisis.