What is the maturity value of a $7,500 loan for 16 months at 4.8% compounded monthly? Also. how much interested was charged? Future value: $10.479.74 Interest: $2,979.74 O Future value: $7.994.67...


What is the maturity value of a $7,500 loan for 16 months at 4.8% compounded<br>monthly? Also. how much interested was charged?<br>Future value: $10.479.74 Interest: $2,979.74<br>O Future value: $7.994.67<br>Interest: $494.67<br>O Future value: $7.979.99<br>Interest: $479 99<br>OFuture value: $9.456.88<br>Interest: $1.956.88<br>Future value: $11,790.01<br>Interest: $4.b01<br>

Extracted text: What is the maturity value of a $7,500 loan for 16 months at 4.8% compounded monthly? Also. how much interested was charged? Future value: $10.479.74 Interest: $2,979.74 O Future value: $7.994.67 Interest: $494.67 O Future value: $7.979.99 Interest: $479 99 OFuture value: $9.456.88 Interest: $1.956.88 Future value: $11,790.01 Interest: $4.b01

Jun 11, 2022
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