Why do banks pay compound interest?
A lot of maths teachers will tell you HOW to calculate compound interest, but WHY do we have compound interest? Why does a bank pay compound interest on deposits?
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Видео Why do banks pay compound interest? канала Joel Speranza Math
Find 100's more videos linked to the Australia Senior Maths Curriculum at http://mathsvideosaustralia.com/
There are videos for:
Queensland: General Mathematics
Queensland: Mathematical Methods
Queensland: Mathematics Specialist
Western Australia: Mathematics Applications
Western Australia: Mathematics Methods
Western Australia: Mathematics Specialist
Видео Why do banks pay compound interest? канала Joel Speranza Math
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