Use MV= P(1+RT) to find the maturity value ( in $) of the loan. Principal: $17,660 Rate( %) : 12(1/2) Time : 42 months What is the maturity value ?
Use MV= P(1+RT) to find the maturity value ( in $) of the loan. Principal: $17,660 Rate( %) : 12(1/2) Time : 42 months What is the maturity value ?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 2E
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Use MV= P(1+RT) to find the maturity value ( in $) of the loan.
Principal: $17,660
Rate( %) : 12(1/2)
Time : 42 months
What is the maturity value ?
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