Question

Complete the table by finding the unknown principal, rate,time,compound interest,maturity value​

Answer 1

Given :  A table of compound interest and maturity amount with missing entries

To Find :  Missing entries

Solution:

A = Maturity Amount

A = P(1 + R/100)ⁿ

n = Time

R  = Rate of Interest

P = Principal

A = Maturity Amount

A = P(1 + R/100)ⁿ

CI = Compound interest  = A - P

Principal      Rate%     Time     Compound interest       Maturity

10000           8             15                21,721.7               31,721.7

3000            5              6                 1,020.3              4,020.3

50000        10.5          10                85,704               1,35,704

45,286.5     2              5                4,713.5                50,000

80,157.9    9.25          2.5               19,842.1              1,00,000

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