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QUESTION
ch 10 7. Find the amount of interest and the maturity value of the following loan. Use the formula MV=P+I to find the maturity value. Round your...
ch 10
7. Find the amount of interest and the maturity value of the following loan. Use the formula MV=P+I to find the maturity value. Round your answers to the nearest cent.
Principal Rate (%) Time Interest Maturity Value
$125,000 8 1/2 9 months $ $
