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A person travels frequently and needs to purchase a special laptop computer costing $17,000. If the discount rate is 11.9% and the term is 137

A person travels frequently and needs to purchase a special laptop computer costing $17,000. If the discount rate is 11.9% and the term is 137 days, find the maturity value (face value) of the loan she will be applying for. Use the formula M=P/(1-DT), where M is the maturity value, P is the proceeds, D is the discount rate, T is the time in days over 360.

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