Question #267352

What is the maturity value of a loan of Php64,000 earning an interest of Php12,733?

Expert's answer

The maturity value is equivalent to the future value which is the sum of the present value PV and the total accumulated interest:


FV=64000+12733=Php 76733FV=64000+12733=Php\ 76733


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Canada #340153 on Dec 2023