Lets discuss interest1 what is your own personal definition, Ask an Expert

Finance

Let's discuss interest.

1) What is your own, personal definition of interest?

2) In what time frame are interest rates stated?

3) If a $8000 note with a 4.5% interest rate is due in 120 days, what is the maturity value? (support your answer with math...)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92336719

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