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3A) 3B) Find the maturity value of the following loan. Use MV = P(1 +RT) to find the maturity value. Round your answer to the
3A)
3B)
Find the maturity value of the following loan. Use MV = P(1 +RT) to find the maturity value. Round your answer to the nearest cent. Do not round intermediate calculations. Principal Rate(%) Time Maturity Value $17,960 16 25 months From the following information, determine the number of days of the loan. Do not enter units in your answer. Number of Days Loan Date March 8 Due Date August 25Step by Step Solution
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