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ch 10 9. Find the maturity value of the following loan. Use MV=P(1+RT) to find the maturity value. Round your answer to the nearest cent. Do not...

ch 10

9. Find the maturity value of the following loan. Use MV=P(1+RT) to find the maturity value. Round your answer to the nearest cent. Do not round intermediate calculations.

Principal               Rate (%)              Time                 Maturity Value

$18,240                7 1/2                      35 months         $

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