Math concepts for the ACT® test | Simple And Compound Interest

Published: 20 February 2021
on channel: jdigitalTutoring
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In this video we discuss simple and compound interest. With simple interest the same amount of interest is earned every year. With compound interest, the interest will earn interest thus compounding on itself to earn more money than simple interest. Learn about the formula you need to know and see example ACT® math problems.

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