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The amount that will be received at maturity date is the ​

Sagot :

QUESTION

The amount that will be received at maturity date is the what?

ANSWER

Maturity value.

EXPLANATIONS

Maturity value is the amount to be received on the due date or on the maturity of instrument/security that investor is holding over its period of time and it is calculated by multiplying the principal amount to the compounding interest which is further calculated by one plus rate of interest to the power which is time.

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