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Value of Bank Account paying compound interest Welcome to the "Algebra in Finance" section. It deals with money and what happens when you borrow money, open a savings account to earn interest, or retire. When it comes to money, as you may have learned, there are many people who want to take your money in various clever ways. There is a saying "a fool and his money are soon parted". Knowing financial theory would keep you with your money throughout your life. So do not skimp on this section! You can find here a collection of finance solvers related to middle school algebra. Of particular interest are the present value solver, mortgage duration calculator, mortgage payment calculator. There are many others to choose from, as well. You can also check out a few dozen lessons, such as comparing simple interest vs. compound interest, basics of mortgages, and explanation of present value vs. future value, and many more! And, finally, if you are really stuck, you can Ask our free Tutors!
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