You explain things clearer 10x faster than my teacher ! :D thanks.
@kavashiscarface7189
9 жыл бұрын
Man I always learn from you're videos. It always works. I could've gotten a better grade, but because of you're video I got a B for calculus and now I'm sure you're video will help me to get a good grade for financial management this semester. Thanks alot man
@filp1115
8 жыл бұрын
You are very clear at explaining! Thank you! Can you do a video on calculating the number of payments it would take to pay off a credit card debt?
@melaniegardner9606
8 жыл бұрын
Thank you so much! I was having difficulties understanding how to use the formula. After watching your video I understand it so easily. God bless you. Please upload more video on Intermediate Accounting.Thanks again....
@Tustada352
9 жыл бұрын
Really appreciate this overview of the formula, you kept it straight to the point. Math is not my strong point however, your video was easy for me to comprehend. Thanks again ;)
@patrickjmt
13 жыл бұрын
@pon00050 you read, you study, you practice. what else can one do?
@ThePartyMafiaBkk
10 жыл бұрын
thanks for the explanation. It looks so simple after just watching it once. Looking forward to seeing more great stuff.
@patrickjmt
13 жыл бұрын
@H2oFormula practice, practice, practice. i do not think there are any magical shortcuts. i worked my butt off, people seem to think i was just ' naturally ' good. mostly, i was just thoughtful.
@engelberthk
5 жыл бұрын
Great Video, I have question on the interest divided by frequency of compound, eg. monthly, quarterly or even daily. Usually banks' offer has a little bit difference on the future value. They use 360 or 365 a year and 30 or 31 days per month in the calculation.
@smangasanga8693
9 жыл бұрын
You have explained it so well... Thank you.
@ThePartyMafiaBkk
10 жыл бұрын
I have been having some trouble with this. Could you help? My friend intends to retire in 20 years. She considers the following savings programs: [1] Making deposit of $300 at the end of the month for 15 years and leave the account untouched for 5 years in an account that earns 6% compounded monthly. [2] Making deposit of $200 at the end of the month for the first 15 years and increases to $300 a month for the last 5 years into a retirement account that pays 6% compounded monthly. a) Which program gives her more money when she retires? b) What is the total amount of interest earned from savings in each program. I would be very grateful if you could make a video for this. Thanks in advance. Arnie from Bangkok.
@meuberepic
11 жыл бұрын
you're better at explaining this stuff than my textbook bo so much.
@H2oFormula
13 жыл бұрын
Hey patrick, I am 12 and I love to do Math tricks but I was never really good at it. Sometimes I forget during a problem, sometimes I skip a problem on accident, Patrick any suggestions on Math? What I should do? Any tips??! Please answer ty.
@haleygallagher6274
10 жыл бұрын
Great video! Thanks for the step by step approach!!
@abherumi
Жыл бұрын
Consider an annuity of payments of £1000 at the end of every second year What is the present value of this annuity if it runs for ten years and the interest rate is 7%? SIR PLX TELL ME WHICH ANNUITY IS THIS
@patrickjmt
13 жыл бұрын
@pon00050 uhhhh, seriously? what do you think it might mean, and i will tell you if that sounds correct or not.
@pon00050
13 жыл бұрын
How does one learn a math concept? How does one solidify the concept? I hope you answer the questions.
@cbelair18690
11 жыл бұрын
Hi, i have a question !! There is no multiplication of (1+i) at the end of my formula ?? can you explain ?? Tks
@elijahtubayan5373
5 жыл бұрын
Been watching your videos since I was in high school. Now I'm about to take my masters degree and still wound up back here
@sanjeewahemaratne2978
11 жыл бұрын
thank you Patrick.it is very helpful. all the best to you.
@lomidzedze
11 жыл бұрын
the most loved person before exams )) thank you !
@MissKaraokeCover
12 жыл бұрын
Can you give me of a real life example word problem between Annuity Due Vs Annuity? The formula is diffrent but when I read some problems, I cant decided between Annuity Due or Aunnity whether which formula to use.
@Hikagin001
10 жыл бұрын
How much of this value would be from interest? I can figure out contributions and annuity due but to figure out the interest confuses me.
@lloydconolly7859
11 жыл бұрын
hey Patrick U are really close like you said but according to my financial calculator you are of by a little more than a few pennies. the actual amount to be paid monthly for 20 yrs in order to accumulate $30,000 @ .04 is $1007.45. Of course calculators use all the decimals and are better at doing repetitive tasks. U did a good job of instructing ppl on utilizing this formula and gave them a great tool though.
@ericpreston2801
6 жыл бұрын
Very proactive, thank for clear explanation
@abeltasman70
11 жыл бұрын
Thanks, You make thinks appears to be more simple and systematic!
@used2bmrso
10 жыл бұрын
partrickJMT what is a good source for practice questions?
@frankleahy4309
7 жыл бұрын
Great Video, it was very helpful, thank you for posting it
@PAVGILL100
12 жыл бұрын
EXAM ON THIS THURSDAY-- i like the video but if the fv is given here in this case which is 30000 ,,, and i is 4 % and time is 20 ,, cant we use the formula of annuity due when fv is known which is fv/((1+0.04)raise to 20-1/0.04) as that is the real formula and i get 1007 by this plese help
@Irisha212
11 жыл бұрын
what if you make a payment at the beginning of every month?
@nazeersyed9692
8 жыл бұрын
Excellent Presenting skills
@JobinJohnsonArtwork
3 жыл бұрын
Honestly I didn't understand 4th step in which you explained 30000/30.969198=c[30.969198]/30.969198 ???
@sewaklegha9516
3 жыл бұрын
Actually he divided both side by same amount
@patrickjmt
13 жыл бұрын
@Frinart i am a human calculator
@johnbernard1082
10 жыл бұрын
Thanks for keeping it simple.
@dwetick1
10 жыл бұрын
When you die, does whats left in the annuity go to your heirs...or to the financial institution? This point is never discussed...why?
@patrickjmt
10 жыл бұрын
i am not sure if you are serious or just trolling
@YourInvestmentAdvise
9 жыл бұрын
+D Wetick That's the catch! Annuities simply give you back your original principal. APR is not the same as ROI (return on investment). With immediate annuities your actual return on investment will wind up being somewhere between zero and 3% in a very best case scenario.
@newbiesplays6765
8 жыл бұрын
I think he's serious.
@rsbara
12 жыл бұрын
Hi, if you love to do Math and be good at it, dont go for tricks right away. Try to do from the first principles ( I mean start from the scratch concept wise). Then you will find out tricks by yourself. What Patrick replied to you is right. Since you are only 12, start from now itself. You would be really good at Math and u can play with it when u grow older buddy.
@Frinart
13 жыл бұрын
@patrickJMT haha, hopefully one day I can be a human calculator too :D. Just a quick question though, do you enjoy maths in general or do you enjoy TEACHING maths?
@lekouh_s
6 жыл бұрын
i have understood very well, thank you
@aireslimotan7172
7 жыл бұрын
this helped me a lot! thanks!
@cadify17
12 жыл бұрын
Can I request for a tutorial about perpetuity? Thank you Patrick :)
@bo_boy9660
6 жыл бұрын
How can you solve for i???
@jackiechio7907
8 жыл бұрын
You make it seem like math is easy T.T wish i was as good at explaining
@waynerisner4974
8 жыл бұрын
Thank you for your videos :D
@MOPARBILLYCUDABILL
12 жыл бұрын
can you please do a video on a sinking fund?
@tewuluvo432
6 жыл бұрын
Thank you so much
@Prakido
10 жыл бұрын
why is he using (1+i) at the end of the formula? Other sources do not use this... Still great video :)
@WorldFactsFast
10 жыл бұрын
cause payment happens at beginning of period versus the end
@muhamadrazwan1061
9 жыл бұрын
+Tyler Hopfner what would be if payment happens at the end?
@WorldFactsFast
9 жыл бұрын
You would not adjust by multiplying (1 +r) at the end. This adds one additional compound period that is not there when payment happens at end of period.
@oceansgraphix
3 жыл бұрын
Thank you
@romankozak5169
8 жыл бұрын
Thanks
@shiralasantoshj1801
8 жыл бұрын
beautifully explain .... only poor audio...but not problem ... best of luck
@pon00050
13 жыл бұрын
@patrickJMT Define, if you would, study.
@baburashraf3862
3 жыл бұрын
amzing
@Thonking
13 жыл бұрын
I love you.
@ranjitraigurung1450
7 жыл бұрын
1.04of power 20 calculating is wrong
@patrickjmt
13 жыл бұрын
@muffinmonster15 : )
@Tarkan61
12 жыл бұрын
YES. I'm confused.
@alexvech
10 жыл бұрын
i'm a math guy....that reminded me of breaking bad
@mxhsantino9150
6 жыл бұрын
my professor doesnt teach us well you teach better than him haha thank you
@LilNagetto
13 жыл бұрын
random comment, but for a moment I thought the title had 'Deus Ex' in it :L
@Frinart
13 жыл бұрын
wow, talk about doing maths fast. 1.04 ^20 in about 5 seconds.....did you by any chance actually do that in your head ;)
@liannhansen3002
8 жыл бұрын
your calculation is wrong
@liannhansen3002
8 жыл бұрын
(1+0.04)^20 = 2.191123 that's why the result is wrong
Пікірлер: 71