The maturity value of the loan taken by Actor’s Playhouse theater where principal amount of loan was $ 100 , 000 at ordinary rate of ordinary of 8 % for duration of 90 days but after 40 days, partial payment of $ 35 , 000 was repaid.

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Chapter 10.II, Problem 33RE

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To calculate: The maturity value of the loan taken by Actor’s Playhouse theater where principal amount of loan was $100,000 at ordinary rate of ordinary of 8% for duration of 90 days but after 40 days, partial payment of $35,000 was repaid.

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