Maturity Value
Maturity value is the amount due and payable to the loaner in connection with the maturity date of the obligation. The term usually refers to the remaining principal balance on the loan. The maturity value formula is V = P x (1 + r)^n. V, P, r and n are variables in the formula. V is the maturity value, P is the original principal amount, and n is the number of compounding intervals from the time of issue to maturity date.
Answer:
₱48500
Solutions:
Asked: The maturity value.
Given: P = ₱45,000
I = ₱3,500
Operation: finding the maturity value, addition
Number Sentence: F = P + I
Solution: F = P + I
F = ₱45000[1 + ₱3,500
Answer: F = ₱48500
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