Math Problem Statement
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:
Where:
- = Interest
- = Principal (initial amount)
- = Interest rate per period (as a decimal)
- = Time the money is invested or borrowed for, in years
To find the maturity value (F), the formula is:
Now, I’ll calculate the missing values for each row.
Row 1:
- Principal (): 20,200
- Rate (): 9% or 0
Ask a new question for Free
By Image
Drop file here or Click Here to upload
Math Problem Analysis
Mathematical Concepts
Simple Interest
Maturity Value
Formulas
I = P × r × t
F = P + I
Theorems
-
Suitable Grade Level
Grades 9-12
Related Recommendation
Calculating Maturity Value in Simple Interest: Step-by-Step Examples
Promissory Note Interest Calculation and Maturity Value
Calculate Principal and Rate of Interest with Simple and Compound Interest
Solve Simple Interest Problems on Investment, Loans, and Savings
Calculate Multiple Simple Interests on the Same Principal