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 76733FV=64000+12733=Php\ 76733


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