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Find the maturity value of a loan of $2,300.00 after two years. The loan carries a simple interest rate of 7.4 % per year. (Round

Find the maturity value of a loan of $2,300.00 after two years. The loan carries a simple interest rate of 7.4 % per year. (Round to the nearest cent as needed.)


The maturity value of the loan is $______

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