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Find the amount (in $) of interest and the maturity value of the loans. Use the formula MV = P + I to find the
Find the amount (in $) of interest and the maturity value of the loans. Use the formula
MV = P + I
to find the maturity value. (Round your answers to two decimal places.)
| Principal | Rate (%) | Time | Interest | Maturity Value | ||
|---|---|---|---|---|---|---|
| $185,000 | 14 1/2 | 8 months | $ | $ |
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Management Accounting Text Problems And Cases
Authors: M Y Khan, P K Jain
6th Edition
125902668X, 978-1259026683
