Answer-
Investment = P = $ 25000
Interest rate =r = 4 % / year = 0.04
Maturity value = A
t = 225 /365
A = P x ( 1 + r )t
A = $ 25000 x ( 1 + 0.04 )(225/365)
Find the maturity value of an investment of $25000 that earns 4% per year for 225...
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