Math Problem Statement

Calculate the Interest (C.I.) and Maturity Value (F) for the given table with different Principal amounts, interest rates, and times.

Solution

The image you’ve uploaded presents a table with several financial figures involving principal, rate, time, interest, and maturity value (F). To complete the missing values for Interest (C.I.) and Maturity Value (F), we can use the simple interest formula:

I=P×r×tI = P \times r \times t

Where:

  • II = Interest
  • PP = Principal (initial amount)
  • rr = Interest rate per period (as a decimal)
  • tt = Time the money is invested or borrowed for, in years

To find the maturity value (F), the formula is:

F=P+IF = P + I

Now, I’ll calculate the missing values for each row.

Row 1:

  • Principal (PP): 20,200
  • Rate (rr): 9% or 0

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Math Problem Analysis

Mathematical Concepts

Simple Interest
Maturity Value

Formulas

I = P × r × t
F = P + I

Theorems

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Suitable Grade Level

Grades 9-12