Final answer:
To compute interest, multiply the principal amount by the interest rate. To find the maturity date, know the term of the bond.
Step-by-step explanation:
In a financial context, to compute interest, you would multiply the principal amount by the interest rate. For example, if a bond has a principal amount of $3,000 and an interest rate of 8%, the interest after the first year would be $3,000 * 0.08 = $240. To find the maturity date, you would need to know the term of the bond, which represents how long the bond will be outstanding. For example, if the bond has a term of 2 years, the maturity date would be 2 years from the date it was issued.