$15 x .0725 = 1.0875 which we have to round to $1.09
Notice how I changed the 7.25% to a decimal .0725 by moving it back two places.
Answer:
k=3
Step-by-step explanation:
+ we note f(p)= 
+ Because of "p-1 is a factor of f(p)", that means f(p)= (p-1)* g(p)
Then we have f(1)= (1-1)*g(1)= 0* g(1)= 0
+ We replace p=1 in f(p) and we have:
f(1)=0
that means: 
then 1+1+1-k = 0, 3-k=0 or k=3
Hope that useful for you.
The answer would be no solution. It comes out to 56=-49