A $17,500 loan is offered for 15 months at 4.9% compounded quarterly. What is the maturity value?

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Posted Date: Apr 22, 2024 09:38 AM

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A $17,500 loan is offered for 15 months at 4.9% compounded quarterly. What is the maturity value?

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Engineering Economy

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