The maturity value of a 3-year, 7.2% ordinary interest commercial loan is $500,000. find the principal. the answer is $411,184

$411,184.

Step-by-step explanation:

To find the principal amount for our given commercial loan we will use simple interest formula.

A= Amount after t years.

P= Principal amount.

r= Interest rate in decimal form.

t= Time  

First of all let us convert our given interest rate in decimal form.

Now let us substitute our given values in above formula.

Therefore, the principal amount is $411,184.

see attached

step-by-step explanation:

given the function as;

write the equation replacing f(x) with y

form   and fill a table containing values of y with corresponding values of x

you can take a range for   values of x as -3≤x≤3

solving for x=-3

for x=-2

repeat the same procedure to get the values of y for the remaining ,x=-1 to x=3

plot the values of y against values   of x and obtain the following graph

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation: