menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Business Mathematics Study Set 1
  4. Exam
    Exam 6: Simple Interest
  5. Question
    What Will Be the Maturity Value After Seven Months of $2950
Solved

What Will Be the Maturity Value After Seven Months of $2950

Question 230

Question 230

Short Answer

What will be the maturity value after seven months of $2950 earning interest at the rate of 4.5%?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q225: Calculate the maturity value of a loan

Q226: Calculate the missing values:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8414/.jpg" alt="Calculate

Q227: How much money would have to be

Q228: How many months would it take to

Q229: How much will be required on February

Q231: Asher cashed in a one-year term deposit

Q232: Calculate the missing value:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8414/.jpg" alt="Calculate

Q233: Calculate the missing value:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8414/.jpg" alt="Calculate

Q234: If $59,200 grows to $60,000 in 41

Q235: How much interest could you earn over

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines