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.
What you know:
Mr. Adams spent $36.25 on 12.5 pounds.
All you do to find the cost per each pound is:
36.25/12.5
Your answer:
$2.9 dollars per pound.
$26,950.95 would be the answer.........
Plug in -1 for x
h(-1) = 3(-1) + 4
h(-1) = -3 + 4
Solution: h(-1) = 1
Answer:
$40
Step-by-step explanation:
Divide.
$800 / 20 hrs.
= $40
