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.
Let's say Jackson's age now is x.
In 20 years, (so 20+x), Jackson seven years ago will be 2/5ths of that age.
So 2/5(20+x)=x-7
Then you solve the equation
8+2/5x=x-7
15=3/5x
x=25
Jackson is 25 years old.
Let's check our answer! In 20 years, Jackson will be 45. 7 years ago, he was 18. 2/5 of 45 is 18. Our answer is correct!
Answer:
62
Step-by-step explanation:
Answer:
499
Step-by-step explanation:
you take 1,375,244/2,756=499
<u><em>Answer:</em></u>
575% as a mixed number is 
<u><em>Explanation:</em></u>
575% is equivalent to
which is equal to 5.75
5.75 = 5 + 0.75
0.75 can be written as
. This value can be simplified by dividing both the numerator and the denominator by 25. This would give us 
<u>Back to our number:</u>

Hope this helps :)