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Answer to Question #267352 in Financial Math for Ayana Prica

Question #267352

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

1
Expert's answer
2021-11-23T08:38:31-0500

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\\ 76733"


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