Simple interest maturity value
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Simple interest maturity value
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WebbFind the simple interest and maturity value if P= P13,000 r 1 Expert Answer The rate of 4% is assumed to be an annual rate, so 20 months = 1 year + 8/12 year. So, for simple interest we $6,300.00 x .04 Do My Homework. Explain mathematic problems Clear up math ... WebbCalculate simple interest step by step. Simple Interest. Compound Interest. Present Value. Future Value. What I want to Find.
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Webb19 okt. 2012 · The interest is calculated using the following formula: (Principal)* (Interest Rate)* (Time in days/365 days per year) = (655)* (0.09)* (193/365) = 31.170821917808 ≈ 31.17 Thus, the interest is $ 31.17 The Maturity Value = Principal + Interest = 655 + 31.17 = 686.17 Thus, the Maturity Value is $ 686.17 Upvote • 0 Downvote Comment • 1 Report … WebbOur architecture uses artificial intelligence, quantum computing and the most advanced robotics equipment. Our products and interests encompass all markets, including the BRICS. Our products cover almost all branches of technology: Agritech, Automobiles, E-commerce, Fintech, Foreign Trade, Govtech, Logtech, Medtech, Mediatech, Paytech, …
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