Calculating the maturity value of an investment is essential for financial planning. Whether you’re an investor or a borrower, understanding the potential return or repayment is crucial. This article introduces a simple interest maturity value calculator that can help you determine the future value of your investment or loan.

**Formula:** The formula for calculating maturity value using simple interest is straightforward: �������������=���������+(���������×����×����100)*M**a**t**u**r**i**t**y**Va**l**u**e*=*P**r**in**c**i**p**a**l*+(100*P**r**in**c**i**p**a**l*×*R**a**t**e*×*T**im**e*)

**How to Use:**

- Enter the principal amount in the designated field.
- Input the rate of interest as a percentage.
- Provide the time duration in years.
- Click the “Calculate” button to get the maturity value.

**Example:** Let’s say you invest $10,000 at an annual interest rate of 5% for 3 years. Using the calculator, the maturity value would be calculated as follows: �������������=10000+(10000×5×3100)=11500*M**a**t**u**r**i**t**y**Va**l**u**e*=10000+(10010000×5×3)=11500

**FAQs:**

*What is the maturity value?*- The maturity value is the total amount accrued on an investment or loan at the end of the specified period.

*Is the rate of interest always in percentage form?*- Yes, the rate of interest should be entered as a percentage in the calculator.

*Can I use this calculator for compound interest calculations?*- No, this calculator is specifically designed for simple interest calculations.

*What happens if the time duration is in months instead of years?*- Convert the months to years before using the calculator. For example, 6 months is equivalent to 0.5 years.

*Can I use this calculator for loans as well?*- Yes, the calculator works for both investments and loans.

*Is the result always rounded to two decimal places?*- Yes, for simplicity, the result is rounded to two decimal places.

**Conclusion:** The maturity value calculator simplifies the process of determining the future value of an investment or loan based on simple interest. By providing a user-friendly interface, individuals can quickly assess the potential outcomes of their financial decisions. Make informed choices by utilizing this straightforward calculator for your investment and loan calculations.