Okay so the answer is the fist multiple choice
I hope this helps tou
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.
The answer is C because you just turn it upside down
Answer:
56.25
Step-by-step explanation:
Answer:
Step 1: Given
Step 2: Add 6 on both sides
Step 3: Multiply 7 on both sides
Step 4: Divide by 4 on both sides