👤

C Identification: Write the exact formula of each of the following.
1. Annual Simple Interest
2. Maturity (Future) Value
3. Maturity (Future) Value for Simple Interest
4. Maturity (Future) Value and Compound Interest
5. Compound interest
6. Present Value P at Compound IInterest

patulong please


Sagot :

Answer:

1. Annual Simple Interest - Simple Interest is calculated using the following formula: SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.  

2. Maturity (Future) Value - V=P x (1 + r)^n

3. Maturity (Future) Value for Simple Interest - A = P(1 + rt).

4. Maturity (Future) Value and Compound Interest - V = P x (1 + r)^n

5. Compound interest - A=P(1+r/n)^nt

6. Present Value P at Compound Interest - PV = FV / (1 + r / n)nt

Step-by-step explanation:

"/"-fraction

hope it helps! ^-^