Find the amount of interest and the maturity value of the loan: $$\begin{array} { l l l l l }
\text { Principal } & \text { Rate } & \text { Time } & \text { Interest } & \text { Maturity Value } \
\$ 118,000 & 12 \% &1 \frac{3}{4} \mathrm{years} & &
\end{array}$$

Question

Find the amount of interest and the maturity value of the loan: $$\begin{array} { l l l l l } 
\text { Principal } & \text { Rate } & \text { Time } & \text { Interest } & \text { Maturity Value } \
\$ 118,000 & 12 \% &1 \frac{3}{4} \mathrm{years} & &
\end{array}$$

Quizplus · Accepted Answer

The Answer of Find the amount of interest and the maturity value of the loan: $$\begin{array} { l l l l l } 
\text { Principal } & \text { Rate } & \text { Time } & \text { Interest } & \text { Maturity Value } \
\$ 118,000 & 12 \% &1 \frac{3}{4} \mathrm{years} & &
\end{array}$$

Find the Amount of Interest and the Maturity Value of the Loan