Raymond B. answered • 08/02/23
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Math, microeconomics or criminal justice
32000(1.12)^6, if n=1
A = P(1+r/n)^nt
where r = interest rate
n= number of compounding periods per year
t = years
Lawrence J.
asked • 12/05/14Business math word problem
Find the maturity value of a $32,000 loan that is made for 6 years at 12%.
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