A man has a simple discount note for ​$6,100​, at an ordinary bank discount rate of 8.84%, for 50 days. What is the effective interest​ rate? Round to the nearest tenth of a percent.​ (Use the​ banker's rule.)

You own a home that was recently appraised for $310,000. The balance on your existing mortgage is $125,350. If your bank is willing to loan up to 70% of the appraised value, what is the potential amount (in $) of credit available on a home equity loan? Need Help? Read It Watch It Master It

The principal represents an amount of money deposited in a Principal Rate savings account subject to compound interest at the given rate. $10,000 4% A. Find how much money there will be in the account after the given number of years. B. Find the interest earned. Click the icon to view some finance formulas. Can A. The amount of money in the account after 3 years is $ (Round to the nearest hundredth as needed.) B. The amount of interest earned is $. (Round to the nearest hundredth as needed.) Compounded quarterly Time 3 years

Calculate the annual interest (in $) and current yield (as a %) of the bond. (Round your percentage to one decimal place.) Company Coupon Rate Annual Interest Market Price Current Yield Company 5 8.25% $ 103.00