GCSE Secondary Maths Age 13-17 - Ratio, Proportion & Rates of Change: Compound Interest - Explained

The video tutorial covers compound interest and reverse percentage calculations. It begins with a compound interest example involving a two-year savings account with different interest rates each year. The tutorial then shifts to reverse percentages, using examples of train ticket costs and weekly pay increases. The instructor emphasizes the importance of understanding these concepts for exams and provides detailed calculations and comparisons to aid comprehension.

Discuss the importance of rounding in financial calculations, as mentioned in the text.

What were the key steps in calculating the final amount in Katie's savings account?

What calculations did you perform to find the original pay before Katie's increase?

Compare the increase in Katie's train ticket cost with the increase in her weekly pay.