TABLE B Time( t) at the end of PRINCIPAL (P) COMPOUND INTEREST ACCUMULATED SIMPLE INTEREST Solution : Pxrxt Answer Amount after t years ( Maturity Value) INTEREST RATE (r) 2% 1 yr 2% 2yrs 3 yrs 275,652.00 2% 2% 4yrs 5 yrs 2% Compare the tables A and B. What have you observed in the solution part of simple and compound interest? How about the maturity value in the last column of each table. Do they have the same maturity value after 5 years? Why?​

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