3. Compound Interest

Online Course

Udemy

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Prerequisites & Facts
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What is the course about?

3. Compound Interest

The course 3. Compound Interest is an online class provided by Udemy. It may be possible to receive a verified certification or use the course to prepare for a degree.

This course will show you the power of compound interest and reinforce the time value of currency.

Course description

3. Compound Interest

you will be able to determine the compound interest earned on an investment over a given period of time (even if the rate changes)
you will be able to determine the cash value of a payment due in the future
you will be able to discount more than one payment due in the future to come up with an equivalent cash value for all
you will be able to solve for the nominal interest rate of an investment
you will be able to determine the number of interest periods required for an investment to have a specified maturity value

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.

1.5 hours on-demand video
1 article
4 downloadable resources
Full lifetime access
Access on mobile and TV
Certificate of Completion
Helen Dakin

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Prerequisites & Facts

3. Compound Interest

Course Topic

Business, Finance, Finance Fundamentals

University, College, Institution

Udemy

Course Skill Level

see course summary

Course Language

English

Place of class

Online, self-paced (see curriculum for more information)

Degree

Certificate

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Degree & Cost

3. Compound Interest

To obtain a verified certificate from Udemy you have to finish this course or the latest version of it, if there is a new edition. The class may be free of charge, but there could be some cost to receive a verified certificate or to access the learning materials. The specifics of the course may have been changed, please consult the provider to get the latest quotes and news.

Udemy

3. Compound Interest

provided by Udemy

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