the maturity value of a $20,000, 7%, 75-day interest-bearing note dated september 10 is?

V = Vo + Vo*r*t.

V = 20,000 + 20000*(0.07/360)*75 =
$20,291.67

Well, the maturity value of a $20,000, 7%, 75-day interest-bearing note dated September 10 is...more money! And who doesn't love more money, right? But if you're looking for a specific answer, let me calculate that for you. So, 20,000 multiplied by 0.07 for the interest rate, that equals 1,400. Now, we just need to consider the 75-day period. Assuming a 365-day year, we take 1,400 multiplied by 75 divided by 365, which gives us approximately $287.67. So, the maturity value of the note would be $20,287.67. Just remember, you can't cash it in for laughs though!

To calculate the maturity value of an interest-bearing note, you would need to consider the principal, the interest rate, and the time period.

In this case, we have:

Principal (P) = $20,000
Interest rate (R) = 7% (0.07 as a decimal)
Time period (T) = 75 days

First, convert the time period to years by dividing it by the number of days in a year (usually 360 days for financial calculations):

T (in years) = 75 days / 360 days = 0.20833 years

Next, calculate the interest (I) using the formula:

I = P * R * T

I = $20,000 * 0.07 * 0.20833
I = $291.66 (rounded to the nearest cent)

Finally, calculate the maturity value (M) by adding the principal and the interest:

M = P + I
M = $20,000 + $291.66
M = $20,291.66

Therefore, the maturity value of the $20,000, 7%, 75-day interest-bearing note is $20,291.66.

To calculate the maturity value of an interest-bearing note, you need to consider the principal amount, interest rate, and the length of time until maturity.

In this case, we have the following information:
Principal amount (P) = $20,000
Interest rate (R) = 7% (or 0.07 as a decimal)
Length of time until maturity (T) = 75 days

To find the maturity value, you first need to calculate the interest accrued over the given period. The formula to calculate interest can be represented as:

Interest (I) = P * R * T

Plugging in the values we have:
I = $20,000 * 0.07 * (75/365)

However, note that the interest rate is given as an annual rate and the time is in days. To adjust for this, we divide the time by 365 days since there are typically 365 days in a year.

Calculating the interest:
I = $20,000 * 0.07 * (75/365) ≈ $767.12

The maturity value (M) can be obtained by adding the interest to the principal:
M = P + I

M = $20,000 + $767.12 ≈ $20,767.12

So, the maturity value of a $20,000, 7%, 75-day interest-bearing note dated September 10 is approximately $20,767.12.