Question: Given the following information, calculate maturity (future) value. Amount borrowed = AED 5,000 Rate of interest = 4.25% Loan period = 3 years Interest

Given the following information, calculate maturity (future) value. Amount borrowed = AED 5,000 Rate of

Given the following information, calculate maturity (future) value. Amount borrowed = AED 5,000 Rate of interest = 4.25% Loan period = 3 years Interest compounded monthly.

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