Direction: Complete the table that illustrates the balance after 4 years with simple and complete interest
Extracted text: to define simple and compound interest > to illustrate simple and compound interest Direction: Complete the table that illustrates the balance after 4 years with simple and complete interest Time - Principal (P) Amount after t years (Maturity Value) Simple Interest Solution Answer (5,000)(0.25)(1) 1,250 5,000+1,250-6,250 5,000+2,500-7,250 P5,000 (5,000)(0.25)(3) 3. 4 5,000 5,000+5,000-10,000 Time Prineipal (P) Compound Interest Amount after t years (Maturity Solution Answer Value) 1 (5,000)(0.25)(1) 1,250 5,000 + 1,250 =6,250 (6,250)(0.25)(2) 3 P5,000 (9,375)(0.25)(3) 9,375+7,031.25-16,406.25 4. 16,406.25 Answer the quontic helow bged on the above octivity VWrite vour answer on
Extracted text: to define simple and compound interest to illustrate simple and compound interest Direction: Complete the table that illustrates the balance after 4 years with simple and complete interest Time - Amount after t years (Maturity Principal (P) Simple Interest Solution Answer Value) (5,000)(0.25)(1) 1,250 5,000+1,250-6,250 5,000+2,500-7,250 P5,000 (5,000)(0.25)(3) 3. 4 5,000 5,000+5,000-10,000 Principal (P) Compound Interest Amount after t years (Maturity Time Solution Answer Value) 1 (5,000)(0.25)(1) 1,250 5,000 + 1,250 =6,250 (6,250)(0.25)(2) (9,375)(0.25)(3) 3 P5,000 9,375+7,031.25-16,406.25 4. 16,406.25 Answer the quentic helow bged on the above octivity VWrite vour answer on