Future Value Compounding – Premium Video (Free Preview)
Quite easy n interesting to watch the video to have a basic idea on the PV, FV and the
related formula for calculation.
Thanks.
MUSTAFA KAMALUDEEN
I’m happy it’s interesting. Good luck in your exams dude!
It’s interesting. Very simple to follow the formula, as with the PV video.
Thanks.
Glad it helps!
Sorry but I don’t understand how you reached $300? can you please explain how i need to calculate the formulae?
Hi Rich, just use your calculator. Can you show your calculation to see why you’re getting a different number?
When I work this out I do not get $300. I put in the calculator 200×1.06=212. And then I do 212 x 7= 1484 which is not $300. Where am I going wrong?
Hi Jordy, if you don’t have a scientific calculator, you first do 1.06 raised to the 7… this will equal 1.504. Multiply original 200 x 1.504 = 300.72
Awe-somatic!!! Universities should hire teachers like you! Great job!
@Amridding: LOL I’m not qualified to teach coz I “don’t have a PhD” :p
Great instructional video man! Informative with just a dash of humor. This video along with the other really helped me understand all that financial “bullshit” that gets thrown around.
Keep up the good work!
Great you find the bullshit informative, CD Palmers!
hi david
it makes me to calculate very easily
thank you….
Glad you find it very easy now Gopi!
Hey
I am new to this financial accounting
1.06 raised to the 7… this will equal 1.504
did you multiply 1.06 x 7 ? or divide
Hey Meguell, you have to use the exponent function on your scientific calculator, not multiply nor divide.
Great job…I finally get it.
@William: Great to know you finally get it.
how do we do the calculation without a scientific calculator?
Could you help me in financial management MBA 2nd sem UPTU, India
Hi K.R. you can check the ‘homework help’ tab but we’re actually quite full now. Anyway, the best of luck to you at UPTU!
And other way is multiple the results seven times on a simple calculator. Using Excel, setup the first cells, then copied to the seventh level. Name the the spreadsheet “Compound Interest Calculator”. Then, in the future, just change the starting capital (PV) & Interest Rate (r) & let the calculator give the answer. Also, in Excel, use the exponential if you know how to use it. It you need beyond 7 years, just copy the last cell to the desired end year. Online, there are already compound interest calculators with just enter data & get results. Thank you MBABullshit because it shows what I have suspected. MBAs are all theory & grooming for executive status without learning how to ‘make money work for you’ when the executive loses the job or cannot get a job to pay back the student loan. Academia does not want the truth out because people will get smart about making money without spending 200,000 on an education that enslaves the student for the first ten working years.
@Gregory, wow that’s a pretty harsh assessment of yours LOL, cheers
Hi David. Many thanks. You are our saver 🙂
@Hamid glad to have helped save you!
Hello David,
Is this package still going on? if so I would like to get the whole package that includes the all free e-book and the all videos. but I Have a question, will I be able to have the e-book forever ? or for limited time ?
Thanks
@Hadi: Which package? But yes, the ebook is forever. The videos are for a limited time depending on length of membership
[Comment/question removed for being all-caps]
@Hadi: No need for all caps, and I normally don’t approve all-cap comments. Anyway, if you were given a time-limited offer for all the ebooks (97 instead of $400 for all the ebooks) and it expired for you, then it’s no longer available for you, sorry. The video plan is also 97, which gives you access to the entire video library for 1 month, both premium and free videos found here: https://mbabullshit.com/entrepreneur/finance-videos-2/ If you are interested about it (completely your choice) you can learn more here: https://mbabullshit.com/blog/video-plan-151125/
sorry about the cap sir. I was in rush and the caps lock was on. thanks for the explanation.
No worries
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