Скачать или смотреть Ch-3 Compound Interest (stage-2) part-5 (2025-26) from Selina Concise For ICSE Class 9

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Chapter 3: Compound Interest using Formula
Introduction to Compound Interest:

Definition of compound interest.
Understanding the difference between simple interest and compound interest.
Basic Compound Interest Formula:

Compound interest formula:

Solving problems involving compound interest.
Calculating the future value of an investment.
Compounding Periods:

Exploring the impact of different compounding periods on compound interest.
Understanding the concept of continuous compounding.
Effective Annual Rate (EAR):

Introduction to the concept of the effective annual rate.
Calculating the EAR for different compounding periods.
Difference between Simple Interest and Compound Interest:

Comparing and contrasting simple interest and compound interest.
Analyzing scenarios where compound interest is more advantageous.
Savings and Investments:

Practical applications of compound interest in savings accounts and investments.
Making informed financial decisions.
Loan Repayment and Compound Interest:

Understanding how compound interest affects loan repayments.
Calculating the total amount repaid over time.
Real-world Examples and Problems:

Applying compound interest concepts to real-world situations.
Problem-solving exercises to reinforce understanding.
Use of Technology (if applicable):

Using calculators or spreadsheet software for compound interest calculations.
Understanding the role of technology in financial calculations.
Summary and Revision:

Recapitulation of key concepts covered in the chapter.

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