## Answers

Answer for question 5 :

Maturity value = principal*[1+(Interest rate*maturity/360)]

Principal = 10000

Interest rate = 0.12

Maturity =90 days

Maturity value = 10000*[1+(0.12*90/360)] = 10300

Maturity value =10300 [option b]

As per HOMEWORKLIB RULES first question is answered

Kindly ask rest of the questions in a separate post

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