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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

A mathematical or scientific rule.

compounded
adjective verb

Including interest on a sum already with interest. To make something from various parts or components.

purchase

/ˈpərCHəs/

noun verb

Something that you bought. 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

be entitled to act for someone.

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

gladly received. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. To accept or receive something happily and gladly.

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. Closed walled areas, as in a prison. 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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