can someone help me with these questions. ASAP 1. Evan loaned $6,250 to Lauren at a simple interest rate of 4.44% p.a. for 2 years and 10 months. Calculate the amount of interest charged
can someone help me with these questions. ASAP
1. Evan loaned $6,250 to Lauren at a simple interest rate of 4.44% p.a. for 2 years and 10 months. Calculate the amount of interest charged at the end of the term.
2.Evan received a loan at 4% p.a. simple interest for 8 months. If she was charged an interest of $496.00 at the end of the period, what was the principal amount of the loan?
3.Lauren was charged interest of $84 for a loan amount of $3,800 that she borrowed for 110 days. What annual rate of simple interest was charged?
4.Juliana invested $3,100 at a rate of 6.25% p.a. simple interest. How many days will it take for her investment to grow to $3,170?
days
Round up to the next day
5.Garrett borrowed $6,400 at 6.25% p.a. simple interest. How long did she take to repay the loan if she was charged interest of $340.
years
and
days
Round up to the next day
6.Vanessa lent $6,300 at 3.00% p.a. on March 15, 2014. Calculate the amount of interest she would receive on May 24, 2014.
Round to the nearest cent
7.$5,700 is invested today in 6-month term deposit that has an interest rate of 2.5% p.a. At the end of the 6 months, the maturity value of the first term deposit is re-invested into a 3-month term deposit at an interest rate of 3.2% p.a. What is the maturity value at the end of the second term deposit?
REFERENCE:VRETTA. (n.d.). Vretta. Secure.vretta.com. Retrieved January 23, 2023, from https://secure.vretta.com/collegelink/#/course-resource/section/14032/assignment/20400/new
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