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Jlenok [28]
3 years ago
15

Terry Bergolt's bank granted him a single-payment loan of $4,400 at an interest rate of 6% exact interest. The term of the loan

is 172 days.
A. What is the exact interest?
B. What is the maturity value of the loan?
Mathematics
2 answers:
Mashutka [201]3 years ago
6 0
The correct answer is (b)
svetoff [14.1K]3 years ago
3 0
I=4,400×0.06×(172÷365)=124.41
Maturity value=4,524.41
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Please help! I am having a hard time trying to solve.
Artyom0805 [142]
HEY THERE!!

GIVEN :- Circle M and K are congruent and line QR is congruent to LN and line OP is congruent to VW.

TO PROVE :- The value of y

SOLUTION:-As we know if two lines are congruent then there equations will be equall.

1. QR is congruent to LN.

=> - x = y+8..........1️⃣

2. OP is congruent to VW.

=> -x = 3y + 16..........2️⃣

Now as we know circle M and K are congruent

so from equation 1️⃣

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dividing from two to both sides.

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