Divide and u get 6 remainder 6
The maturity value is the principal value together with interest due.
.. mv = P +Prt
.. = 5350*(1 +0.085*120/360) . . . . . . year is 360 days for "ordinary interest"
.. ≈ 5501.58
The maturity value is $5501.58.
Answer:
y = 9
Step-by-step explanation:
Given
4 +
= 7
Isolate the term in y by subtracting 4 from both sides
= 3 ( multiply both sides by 3 )
y = 3 × 3 = 9
Answer:
5.34
Step-by-step explanation:
X + 12.66 = 18
-12.66 -12.66
X = 5.34