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Determining the Monthly Payment of an Installment Loan

43,925 views

Mathispower4u

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English

Speech Time:

87%
  • 9:58 / 11:27

Speech Rate:

  • 140 wpm - Conversational

Category:

  • Education

Tags :

Intro:

Video Vocabulary

interest

/ˈint(ə)rəst/

noun verb

Fee for borrowing money. To make someone want to know about something.

installment

/inˈstôlmənt/

noun

sum of money due as one of several equal payments for something.

formula

/ˈfôrmyələ/

noun

Plan, rule or method for doing or making something.

compounded
adjective verb

Including interest on a sum already with interest. To pay interest on a sum including the interest.

purchase

/ˈpərCHəs/

noun verb

action of buying. To buy something; to get by paying money for it.

nominal

/ˈnämən(ə)l/

adjective

Not having full power; in name only.

examples

/iɡˈzampəl/

noun other verb

thing characteristic of its kind. Things, people, which represent a category. be illustrated or exemplified.

represents

/ˌreprəˈzent/

verb

To show or describe something in a particular way.

payment

/ˈpāmənt/

noun

Amount of money that is paid for something.

usually

/ˈyo͞oZH(o͞o)əlē/

adverb

Normally; regularly.

expressed

/ikˈspres/

verb

To state or show what you think or how you feel.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. To greet someone who has just arrived.

monthly

/ˈmənTHlē/

adjective adverb noun

done or occurring once a month. once a month. magazine published once a month.

compounds
noun other verb

mixture of elements. Series of buildings that are walled or fenced off. To make something from various parts or components.

something

/ˈsəmˌTHiNG/

adverb pronoun

used for emphasis with following adjective functioning as adverb. thing that is unspecified or unknown.

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