can anybody do this please
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P- periodic payment
r-Rate per period
n-number of periods
P= 800, r= 7 percent, n= 8
Maturity value =PN +P× N(N+1)÷2×12×R÷100
= 800×8+800+8(8+1)÷2×12 ×7÷100
=7200.21
r-Rate per period
n-number of periods
P= 800, r= 7 percent, n= 8
Maturity value =PN +P× N(N+1)÷2×12×R÷100
= 800×8+800+8(8+1)÷2×12 ×7÷100
=7200.21
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