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1A) 1B) Find the amount of interest and the maturity value of the following loan. Use the formula MV = P +I to find the
1A)
1B)
Find the amount of interest and the maturity value of the following loan. Use the formula MV = P +I to find the maturity value. Round your answers to the nearest cent. Principal Time Interest Maturity Value Rate (%) 8 $110,000 8 months From the following information, determine the maturity date of the loan. Loan Date February 3 Time of Loan (days) 89 Maturity Date -SelectStep by Step Solution
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