Difference between Simple Interest & Compound Interest | Simple Calculation | Tamil

This video explains the calculation of simple and compound interest.

தனிவட்டிக்கும் கூட்டுவட்டிக்கும் உள்ள அடிபடை வேறுபாட்டை இக்காணொளி விளக்குகிறது. மேலும், அதற்கான கணக்குகளையும் விளக்குகிறது.

SImple and Compound Interest CALCULATOR (MS Excel): (Click this link to open)
https://1drv.ms/x/s!AqsYJ-VmY-g5vBl67...

Error correction:
04:11 Answer is 6288.94, not 6289.94.
04:44 Answer is 6450 (Round-off value).

Timeline:
00:00 Introduction
00:17 Example Calculation
00:32 Simple Interest Formula
01:33 Compound Interest Formula
03:40 Compounding frequency
04:48 Comparision - Simple & Compound interest
05:21 End Credits

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