Answer:
The answer is 0.23
Step-by-step explanation:
Hope this helps.
Pls tell me if Im not correct.
Answer:
It looks like on step c he took away 10 instead of adding 10
Using simple interest, it is found that the maturity value of the loan is of 10,638.
<h3>Simple Interest</h3>
The amount of money after <em>t years </em>in simple interest is modeled by:

In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
In this problem:
- A loan of 10450 is taken, hence
.
- Interest rate of 8.25%, hence

- The loan will be repaid in 75 days, considering the time in years,

Then, the maturity value of the loan is:

![A\left(\frac{75}{365}\right) = 10450\left[1 + 0.0875\frac{75}{365}\right] = 10638](https://tex.z-dn.net/?f=A%5Cleft%28%5Cfrac%7B75%7D%7B365%7D%5Cright%29%20%3D%2010450%5Cleft%5B1%20%2B%200.0875%5Cfrac%7B75%7D%7B365%7D%5Cright%5D%20%3D%2010638)
The maturity value of the loan is of 10,638.
To learn more about simple interest, you can take a look at brainly.com/question/26207710
Scientific notation : 7.88 × 105