Скачать или смотреть Compound & Simple Interest Explained | Part 2 | O-Level & IGCSE Accounting

Compound & Simple Interest Explained | Part 1 | O-Level & IGCSE Accounting

Struggling to understand simple and compound interest in Accounting? beginner-friendly guide to mastering interest calculations, specially designed for O-Level and IGCSE Accounting students. Whether you're revising for an exam or building your basics, this video breaks down everything in a clear and simple way.

🔹 What You’ll Learn in This Video:

⿡ Introduction to Interest in Accounting
✔ What is interest? Why is it important in accounting?
✔ Real-life applications of interest in business transactions
✔ Key differences between simple and compound interest

⿢ Simple Interest
✔ Formula: SI = P × R × T ÷ 100
✔ Understanding each component (Principal, Rate, Time)
✔ Step-by-step examples with exam-style questions
✔ Tips to avoid common calculation errors

⿣ Compound Interest
✔ Formula: CI = P(1 + R/100)^T
✔ Clear explanation of how compound interest grows over time
✔ How to handle compound interest problems in O-Level/IGCSE exams
✔ When and why compound interest is used in business

⿤ Comparing Simple vs. Compound Interest
✔ Key differences explained visually
✔ Which type of interest benefits businesses/investors more?
✔ Sample questions to help you tell them apart in exams

⿥ Exam Tips & Tricks
✔ How to identify interest questions quickly in past papers
✔ Formula sheet hacks & calculator tips
✔ Common mistakes students make and how to avoid them

🎯 Perfect for:
✅ O-Level Accounting Students
✅ IGCSE Accounting Learners
✅ Anyone building a foundation in Business or Finance
✅ Exam prep, revision, or homework help

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