Simple and Compound Interest Problems Explained | Algebra 2 Simple and Compound Interest Problems Explained | Algebra 2

What exactly is simple interest and what is compound interest? Learn how to understand these word problems, figure out which formula to use, and calculate interest.

Timestamps:
00:00 – What is Interest?
00:50 – Simple Interest Problem 1
02:58 – Simple Interest Problem 2
04:48 – What is Compound Interest?
05:57 – Compound Interest Problem 1
07:38 – Compound Interest Problem 2
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