MATHEMATICS OF INVESTMENT - FCAMPENA

Future or Maturity Value for Simple Interest The future or maturity value A of P dollars at a simple interest rate r for t years is A ˜ P11 ˛ rt2. maturity Values Find the maturity value for each loan at simple interest. (a) A loan of $2500 to be repaid in 8 months with interest of 4.3% ................
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