Tutorials - Calculations for Saving and Borrowing - 1.5
As part of your Business Studies course and saving and borrowing you might be asked to calculate the following
1. Simple Interest
2. Compound Interest
3. AER
4. DIRT
5. APR
6. Calculate option 1 or option 2
Please find videos below explaining how to calculate these figures using a simple example
Simple Interest
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Compound Interest
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AER
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DIRT
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Calculate APR
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Calculate Option 1 or option 2
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