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.
You have to make them have their least common denominator to add or subtract, in this case 36.
Multiply 1/12 by 3, to get the denominator 36: 3/36.
Multiply 7/9 by 4, to get the denominator 36: 28/36.
Now add the numerators: 3+28=31, 31/36 is as simplified as possible so your answer is 31/36 :) I hope this helps :)
Answer:
$7.50
Step-by-step explanation:
3/4 of the original price
Original price: $10
So we need 3/4 of $10
10 ÷ 4 = 2.5
2.5(3) = 7.5
3/4 of $10 = 7.5, so the price is now $7.50
36/8=t. The maximum amount of tickets I can buy are 4.
Hi...the answer is b.. I would recommend plot graph and find the gradient.... then use the point formula
