Business Math - Finance Math (28 of 30) Amortization - Accelerated Payments: Time Remaining

[@zzz7408]

why did you add 10 to the 23x12. i understand that there was an extra 10 months, but why not just multiply 12 by 23.84?

[@johnf4388]

i deleted my comment, i didnt think anyone would answer thanks for that. I turned on captions and got it, i dont quite understand it, i ve never done calculus but it looks interesting so ill watch a couple of videos to learn more 👍 Great videos btw very informative👏👏

[@extraoridanaryexplorations1479]

What did you take the inverse of

[@MichelvanBiezen]

Often I calculate the demoninator first, then take the inverse of the denominator and multiply that with the numerator. Are you referring to that?

[@extraoridanaryexplorations1479]

Yes thank you

[@curtpiazza1688]

Remarkable! 🎉 😊

[@MichelvanBiezen]

Glad you liked it.

[@michalwitkowski5488]

Brilliant Video Series thanks, but every time I type "ln ( 1/ (1 + 0.08/12))" I get -0.00664454.... how do you get x100 to the -3 power ? In the end my calculations point to 30 years??

[@MichelvanBiezen]

Every calculator works a little different. The best way to calculate this is to calculate what is in the brackets first before taking the natural log.

[@MelvinGodspiano.Grigsby]

Hi sir. I went off somewhere on the natural law of x.

[@corneliusshivambu2014]

are you adding $50 everymonth or is it a once off increase of $50

[@MichelvanBiezen]

The $50 is added every month.

[@corneliusshivambu2014]

+Michel van Biezen thanks for that, but what if maybe let's say there's an in of $50 ontop of the increased $50 instead of $783 on the third month he pays $833 then $883... and we call it accelerating Annuity can we calculate time,rate and present value

[@mataneraseona2441]

wow

[@MichelvanBiezen]

Did you find what you needed? 🙂

[@survivalecurioschat2194]

I don't trust the bank. Just kidding:)

[@zeddiversity1585]

Lol 😂