Question

I =
$i = \frac{600 \times 30(30 + 1)}{2 \times 12} \times \frac{10}{100}$
Find maturity value



Irrelevant answers will be reported​

Answer 1

Answer:

$i = \frac{600 \times 30(30 + 1)}{2 \times 12} \times \frac{10}{100} \\ i = \frac{600 \times 900 + 30}{24} \times \frac{1}{10} \\ i = \frac{540000 + 30}{24} \times \frac{1}{10} \\ i = \frac{540030}{24} \times \frac{1}{10} \\ i = 2250$