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The maturity value of a simple interest investment is determined by adding the simple interest earned during the investment period to the original principal amount. In Business Mathematics and Statistics, simple interest is one of the basic methods used for calculating the return on an investment when interest is calculated only on the original principal and not on accumulated interest. The standard formula for simple interest is: [ SI=\frac{P \times R \times T}{100} ] where (SI) represents simple interest, (P) represents the principal amount invested, (R) represents the annual rate of interest expressed as a percentage, and (T) represents the period of investment in years. The maturity value, also called the amount, is calculated as: [ A=P+SI ] Therefore, [ A=P+\frac{P \times R \times ________ ___ _________ ________ ____.
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