On may 17th jane took out a loan for $33,000 at 6% to open her law practice office the loan will mature the following year on january 16th using the ordinary interest method what is the maturity value do on january 16th

$ 31050

Step-by-step explanation:

Step 1 : Write the formula for calculating simple interest.

Simple Interest = P x R x T

                                100

P: Principal Amount-The loan taken (30,000)

R: Interest rate at which the loan is give (6)

T: Time period of the loan in years-there are 12 months in 1 year. There are 7 months from May till June (7/12)

Step 2: Substitute values in the formula

Simple Interest = 30,000 x 6 x 7/12

                                       100

Simple Interest = $1050

Step 3: Calculate the amount due at maturity

At the maturity or the end of the time period given, the original or principal amount of the loan has to be repaid along with the simple interest.

Amount at maturity = Principal Amount + Simple Interet

Amount at maturity = 30,000 + 1050

Amount at maturity = $31050

!!

step-by-step explanation:

part a: triangles gcb and epb

part b. sides cg and rp are parallel by definition of parallelogram.

angles cgb and e are congruent by being alternate interior angles of parallel lines cut by a transversal. angles gbc and ebp are congruent because they are vertical angles. by aa similarity, the triangles are similar.

part c. since the triangles are similar, the ratios of the lengths of corresponding sides are equal.

calculation of be:

gb/be = cb/bp

(400 ft)/be = 300/200

(400 ft)/be = 3/2

3be = 2 * 400 ft

3be = 800 ft

be = 800/3 ft

calculation of pe:

gc/pe = cb/bp

(350 ft)/pe = 300/200

(350 ft)/pe = 3/2

3pe = 2 * 350 ft

3pe = 700 ft

pe = 700/3 ft