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how to calculate simple interest and maturity value. MV 5000 315 5315 Therefore the maturity value of Stuarts loan is 5315. This calculator for simple interest-only finds I the simple interest where P is the Principal amount of money to be invested at an Interest Rate R per period for t Number of Time Periods.
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Once you have all of your data use the formula V P x 1 rn where V is the maturity value P is the original principal amount n is the number of compounding intervals from the time of issue to maturity date and r represents that periodic interest rate. In the example this gives you a maturity value of 734664. The interest rate is 112.
We can calculate for the maturity value after 3 years using the above information.
Calculate Interest solve for I. 264 6600x004x12 Maturity Value. Next determine the rate of interest. Finally calculate the.
