Answer:
Step-by-step explanation:
<u>Use tangent: </u>
tan = opposite / adjacent
- tan x = 1/14
- x = arctan (1/14)
- x = 4°
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.
-28xy/4
-7xy
Therefore, the first answer is correct.
Hope this helps!