Hi Everyone,
I am attaching a URL link to a video presentation on compound interest. All I want you to do is watch this presentation a few times. If you don't understand it right away, please don't worry. We are going to go over this in class tomorrow.
For now I just want you to familiarize yourselves with this information. It has much of the same stuff we used for simple interest but there are some differences. So take your time and play through the video 4 or 5 times. We will go over this tomorrow during class but I fully expect all of you to have watched this video and at least be familiar with the terms and words that are used.
http://www.algebra.com/algebra/homework/word/finance/Compound-Interest.lesson
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