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How to find maturity value?

Answer

1. Divide the interest rate (r) by the number of times it is compounded (n) in one year. The equation is r/n. 2. Add 1 to the interest per compound rate. That equation is 1+r/n. 3. Multiply the number of times it is compounded (n) in one year by the
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The new value to a loan or investment after interest.
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Specified amount received by an insured at the end of an endowment period (usually the face amount of the endowment policy), or by the owner of an ordinary life policy (usually the
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