Math Problem Statement

Match column A to column B. Write the letter only before the number.

Solution

I can assist with solving or matching the items from your uploaded image. Here's how it appears we can break it down:

Matching Column A to Column B:

Let’s match the descriptions in Column A to the appropriate terms in Column B.

  1. Person (or institution) who invests money or makes the funds available
    Match: h. Lender or Creditor

  2. Who owes the money or avails funds from the lender
    Match: i. Borrower or Debtor

  3. Date on which the money is received by the borrower
    Match: j. Origin or Loan Date

  4. As date on which the money borrowed or loan is to be completely repaid
    Match: o. Repayment Date or Maturity

  5. Amount of time in years the money is borrowed or loan is to be completely repaid
    Match: n. Time or Terms

  6. Amount of money borrowed or invested on the origin date
    Match: l. Principal

  7. Amount rate, usually in percent, charged by the lender or rate of increase of the investment
    Match: m. Rate

  8. Amount paid or earned for the use of money
    Match: k. Interest

  9. Interest that is computed on the principal and then added to it
    Match: f. Compound Interest

  10. Interest is computed on the principal and also on the accumulated past interest
    Match: f. Compound Interest

  11. Also known as banker’s interest
    Match: g. Ordinary Interest

  12. Interest based on a 365-day year
    Match: c. Exact Interest

  13. It is the principal amount of the bond to be paid by the borrower to the owner at maturity
    Match: e. Maturity Value

  14. Once per year
    Match: b. Annually

  15. 4 times a year
    Match: a. Quarterly


Formulas:

The formulas provided are correct:

  • 16. Simple Interest: I=P×R×TI = P \times R \times T
  • 17. Compound Interest: A=P(1+Rn)nTA = P(1 + \frac{R}{n})^{nT}
  • 18. Present Value: PV=FV/(1+r)tPV = FV / (1 + r)^t
  • 19. Future Value: FV=PV×(1+r)tFV = PV \times (1 + r)^t

Would you like further details or assistance on any of these concepts?


Related Questions:

  1. What is the difference between simple and compound interest?
  2. How is ordinary interest different from exact interest?
  3. How do you calculate maturity value with compound interest?
  4. What does the rate represent in financial terms?
  5. Can you explain how future value is influenced by interest rates?

Tip:

When solving interest-related problems, always check the time period and compounding frequency, as these significantly affect the results.

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Math Problem Analysis

Mathematical Concepts

Simple Interest
Compound Interest
Loan Terminology
Time Value of Money

Formulas

Simple Interest Formula: I = P × R × T
Compound Interest Formula: A = P(1 + (R/n))^(nT)
Present Value Formula: PV = FV / (1 + r)^t
Future Value Formula: FV = PV × (1 + r)^t

Theorems

Basic principles of interest calculation
Compound interest growth
Time value of money theory

Suitable Grade Level

Grades 9-12