
photo credit: TW Collins
With March coming to an end, we are moving forward to the 2nd quarter of the year which is marked by this day – April Fool!
If you are not aware of what day is it, check it out here >> What is April Fool Day All About?
Beware of the Top 100 April Fool’s Day Hoaxes Of All Time!
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We have discussed about Simple And Compound Interest using 2 case studies previously based on concepts understanding. Now we have introduced formulaes which will make your calculation faster and easier :)
To find the Total Amount based on Simple Interest, this is the formuale you can use:
)
An : Total Amount after n years
P: Original Principal Amount
r: Simple Interest Rate
n: Number of Years
To find the Total Amount based on Compound Interest, this is the formuale you can use:
^n<br>)
An : Total Amount after n years
P: Original Principal Amount
r: Compound Interest Rate
n: Number of Years
Apply these formulaes to the case studies we have discussed, did you get the same answer?
Congrats!Now you have 2 different approaches, the formulae way or the conventional way to solve all Interest questions.
Keep using the strategies learnt so that you get better and better.
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What does little mermaid wear?Algae-bra …
[youtube]http://youtube.com/watch?v=cqj5Qrxd5M0[/youtube]
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I think it is important to add a little more taste to this blog other than the Math Strategies (A-Math and E-Math) that I have been posting on.
I decide to write more about me as a result of a MSN conversation (Oh yes, I do MSN) with one of my previous students. She is someone whom I taught when I was in a learning centre. Here’s part of the conversation

B : “So what are you doing now?”
Me: ” You can read more here www.singaporeolevelmaths.com”
B: wow! you still teaching Math. Is it really that fun to teach Math?
Me: “Absolutely”
To many, Math is perhaps a subject just to pass and get through.
To me, teaching and Coaching Math taught me lessons way beyond the formulas, step by step solutions, diagrams, complicated – hard to make sense topics …
To be honest, I am not that of Math Olympiad type though I did take part in this sort of competitions when I was younger. Those sort of questions can really make you sweat literally.
I do not read Math journals, I do not have a PhD in Math either, I do not walk around memorizing formulas… so what exactly do I do?
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