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Currently Watching: Watching: Introduction to interest
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Latest comments made on this video:
By: ??? ?????????. on 10 May 12, 05:53:12
?????
By: sadhana96. on 06 May 12, 11:52:44
@daybuilder It doesn't become fact just because they? teach it in Sunday school.
By: Basketalbi. on 05 May 12, 05:04:41
He didn't say "now you've learned" he said "now you'll learn" meaning he's refering? to THIS video.
By: mchen1025. on 24 Apr 12, 07:31:25
Please tell me what was the video before this video. You started this video by saying "well now you've learned what i think is quite possibly on of the most useful concepts in life, and you might already be familiar with it, but if you're not this will hopefully keep you from one day filing for bankruptcy" WHAT IS IT?!?!?! ANYONE, PLEASE!? THANK YOU VERY MUCH!
By: galacticcrackers. on 19 Apr 12, 19:06:04
I agree. You think that Cave men just said " Oh, look. I have some... stuff... I don't know how much, but I know I got some." No. That's ridiculous. About 99% of all Evolution or advancement in technology only happened because of language. Numbers are just a Language the whole world uses. It's the language of quantity. @beehivecity, do you know what Binary code is? It's a series of 0's and 1's in a certain order that you can translate anything into. Your entire computer runs on? numbers... Hmm...
By: hellfigter12345. on 19 Apr 12, 13:58:36
why do you take time to make this comment
By: hellfigter12345. on 19 Apr 12, 13:56:25
well love in the terms in romatic use its? created by hormons not the hearth ho is a muchel your dumb muslim fuck -.-
By: MikhailStepanskiy. on 18 Apr 12, 11:27:35
u make me laugh.? gtfo.
By: beehivecity. on 16 Apr 12, 10:41:57
Heh.? Typical that you'd run away in the face of superior logic. You say inane things like claiming "bottled love" exists, no, love is produced by the human heart and currency and interest rate HAVE NOT existed for a Finite time they only existed in the last couple hundred years so take a history course so you dont look so ignorant
By: shadow3191. on 16 Apr 12, 01:01:55
I said, "numbers do not physically exist." They are ideas with value. By your argument, love can't mean anything because you can't purchase bottled love. On top of that, your entire argument is based on something that can not be proved, the idea that a god exists and made things. In addition? to that, assuming a god exists, it could not have made a currency and interest rate, for we know those have existed for a finite amount of time. I do not wish to argue something so poorly constructed. So bye
By: beehivecity. on 15 Apr 12, 22:07:59
I am listening loud? in clear it is you who is blocked by noise pollution. Numbers DO NOT physically exist you cant go to the math store and buy a number and use that to do addition so why do you think numbers are real? How can something that doesnt exist because god didnt make it represent things that god did make like money and interest rates? Maybe you should go back to school
By: shadow3191. on 15 Apr 12, 21:52:28
You're not listening I agree that numbers do not physically exist; they are abstractions created by people. I am saying what they represent is real. Also, cavemen did? count. there has been evidence of it for ages.
By: beehivecity. on 15 Apr 12, 21:45:38
Interesting theory however you are wrong numbers do not exist and this is not real. Think? about it. When god made the world did cavemen count? No they used their instincts and that's what we should still use but capitalism ruined it. Google "Carl Marks"
By: shadow3191. on 14 Apr 12, 21:47:56
You don't get it. Math isn't something that has existed forever. It is something invented by humans to describe the natural world. That is why there? are so many 'rules' in math; they are there to maintain it conformed to reality. It is a purely human thing to describe something that always existed.
By: pleeppleep. on 14 Apr 12, 21:33:23
you? are clearly not familiar with real numbers
By: pleeppleep. on 14 Apr 12, 21:32:58
Excuse me, I happen to worship money. ?
By: yukiyyy0218. on 03 Mar 12, 08:49:23
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By: aznpwnsalot. on 02 Mar 12, 22:45:08
Interest to match the amount that we lost or more then the amount we lost to gain a profit. What this does is give us the incentive to let others borrow our money and delay our own consumption in? hopes of being able to buy more in the future. If i lose money and i can't buy the game i wanted until next year, i will not be willing to lend someone the money.
By: aznpwnsalot. on 02 Mar 12, 22:43:36
A better explanation of interest. It is extra that you have to pay to match the money's value with what it will be as money loses it's ability to purchase over time. We see this in economics where milk may be only 50 cents in the? 60s and is now 2-3 dollars. This is called inflation. When i give someone money, and they give me the same amount back, i lose out on what i receive, i've gotten less money because i can buy less stuff with it. To compensate for that loss, we use interest.
By: iajdiasia. on 18 Feb 12, 08:27:49
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By: uno0304. on 14 Feb 12, 07:49:45
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By: yuyuyuyuyuyu014. on 11 Feb 12, 05:42:20
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By: karta1218657. on 07 Feb 12, 04:57:35
???????????????????? ???????????????1%?? ?????? ???????????????? ?????????????????????! ????????90? ? ????.???.????????????
By: iNinjaNotes. on 21 Jan 12, 02:01:03
Each year you pay 10% of interest on the NEW balance. So in year one you owe $100 + 10% which is $100 * 1.1 = $110 (since you owe the principal loan and interest). The reason? he squares 1.1 is because he is trying to shorten the expression. For instance, in year 4 you would owe...$100 x 1.1 x1.1 x1.1 x1.1 = $146. But instead you can shorten that expression to $100 (1.1) to the power of 4. Since there are four 1.1's