11. to help pay for new costumes for a play, a theater invests $1900 in a 42-month Cd paying 3.6% interest compounded monthly. Determine the amount the theater will receive when it cashes in the CD after 42 months.

A contractor has $650 worth of electrical material on the shelf in stock for 3 consecutive years. If the money is borrowed at 12% interest rate per annum, what does it cost to carry this stock?

Suppose that $4000 is placed in an account that pays 8% interest compunded each year. Assume that no withdrawals are made from the account. (a) Find the amount in the account at the end of 1 year.  (b) Find the amount in the account at the end of 2 years.

Angelica received a 12 year non subsidized loan of 17,000 at an annual interest of 5.5 % compounded monthly.She will begin repaying the loan after she graduates in 4 years.. How much interest in dollars must she pay on the loan during the period of time that payments on loan are not being made Determine her monthly payment in dollars on the .

Find the simple interest earned on 5,000 deposited 40% for 10 years.