3. Compound Interest
This course will show you the power of compound interest and reinforce the time value of currency.
What You'll Learn in This Course
Master key concepts and practical skills through structured learning modules. By completing this curriculum, you'll gain valuable expertise applicable to real-world scenarios.
Learning Outcome 1
you will be able to determine the compound interest earned on an investment over a given period of time (even if the rate changes)
Learning Outcome 2
you will be able to determine the cash value of a payment due in the future
Learning Outcome 3
you will be able to discount more than one payment due in the future to come up with an equivalent cash value for all
Learning Outcome 4
you will be able to solve for the nominal interest rate of an investment
Learning Outcome 5
you will be able to determine the number of interest periods required for an investment to have a specified maturity value
Skills You'll Develop
This comprehensive 3. Compound Interest curriculum is designed to take you from foundational concepts to advanced implementation. Each module builds upon the previous, ensuring a structured learning path that maximizes knowledge retention and practical application.
Course Requirements & Target Audience
Understand what you need to succeed in this course and determine if it's the right fit for your learning goals
What you need before starting this 3. Compound Interest course:
- you will need a scientific calculator with an exponent key and at least one memory storage location. A financial calculator would be even better.
- you will need to have a good understanding of the time value of money.
- you may complete the pre-requisite course on Simple Interest as many of the concepts discussed in Simple Interest are repeated for Compound Interest (only the formulas are different).
- Simple Interest.
This course is perfect for:
- Motivated learners at any level
- Self-paced students
- Anyone interested in the subject
This course might not be suitable if:
- • You're looking for a quick tutorial rather than comprehensive learning
- • You prefer learning without structured curriculum
- • You need highly specialized or niche content
Course Information & Details
Everything you need to know about this online course, from duration to certification
Course Instructor
Helen Dakin
Expert instructor with industry experience
Course Language
English
All materials in English
Start Your Learning Journey Today
This online course offers comprehensive training with expert instruction, practical exercises, and a certificate of completion. Join thousands of students advancing their careers through quality online education.
View Current Pricing
Check provider for latest offers
Pricing may vary. Check the course provider for current promotions and exact pricing.
What's Included
- 1.5 hours on-demand video
- 4 downloadable resources
- 1 article
- Access on mobile and TV
- Certificate of Completion
- Full lifetime access
- ✓Instant access after enrollment
- ✓Learn at your own pace
- ✓Direct enrollment with Udemy
Continue Your Learning Journey
3. Compound Interest isn't for you? Don't worry, explore these courses and advance your skills or learn something totally new.