Calculating Interest and Maturity value We received a $2, 500, 10%, 90-day note dated March 16, 2000. Interest calculation Principal x rate x Time= Interest $2500x10%X90/360=$6250 Maturity Value Calculation Principal Interest Maturity value $2500+$6250=$2,56250 c7-16C7 - 16 Calculating Interest and Maturity Value Interest Calculation We received a $2,500, 10%, 90-day note dated March 16, 2000. Principal x Rate x Time = Interest $2,500 x 10% x 90 /360 = $62.50 Principal + Interest = Maturity Value $2,500 + $62.50 = $2,562.50 Maturity Value Calculation