Author Archives: Passy

Simple Interest – Part Two

Image Source: http://i.telegraph.co.uk In this lesson we look at Six Monthly, Quarterly, Monthly, and Daily Simple Interest. In particular we look at Simple Interest Calculated on Bank Accounts. It is recommended that you have done our previous Part 1 lesson, … Continue reading

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Simple Interest – Part One

Image Purchased by Passy World from Dreamstime.com In this lesson we are looking at Interest Money associated with Loans and Investments. When money is Borrowed or Invested, INTEREST is paid – to the Investor – or – by the Borrower. … Continue reading

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Mathematics of Earning Money

Image Source: http://www.moneyedup.com It would be great if money just fell out of the sky like rain whenever we needed it; but unfortunately this is not the case! Most people have to get jobs and earn money. People work, (or … Continue reading

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Applied Percents – Loss

Image Source: http://charlesandhudson.com In a previous lesson we looked at how Retailers place “Mark Ups” on items so that they can make a Profit on the sale. It is important that you have viewed this lesson before doing the contents … Continue reading

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Applied Percents – Discounts

Image Source: http://1.bp.blogspot.com In our previous lesson we looked at how Retailers place “Mark Ups” on items so that they can make a Profit on the sale. It is important that you have viewed this lesson before doing the contents … Continue reading

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