Question: Use MV = P(1 + RT) to find the maturity value (in $) of the loan. Principal Rate (%) Time Maturity Value $17,660 11 1
Use MV = P(1 + RT) to find the maturity value (in $) of the loan.
| Principal | Rate (%) | Time | Maturity Value | ||
|---|---|---|---|---|---|
| $17,660 |
| 42 months | $ |
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