What is the maturity value of the following loan? Use MV = P(1 + RT) to find the maturity.
Principal=$120,740, Rate=11¾ and Time= 7 months

Question

What is the maturity value of the following loan? Use MV = P(1 + RT) to find the maturity. 
Principal=$120,740, Rate=11¾ and Time= 7 months

Tina · Answer

What is the maturity value of the following loan? Use MV = P(1 + RT) to find the maturity. Principal=$120,740, Rate=11¾ and Time= 7 months