Posted by Anonymous on Friday, July 5, 2013 at 2:29pm.
what is the maturity value of the following loans using MV=P(1+RT to find the maturity values,$120,740 principal, 11 3/4 rate, 7months for time

business math  Ms. Sue, Friday, July 5, 2013 at 3:16pm
MV=P(1+RT
MV = 120,740 * (1 + 0.1175 * 0.58333)