Candace borrows $4000 from Nick due in 10 years with simple interest at 8% monthly. Two years after the debt is contracted, Nick sells the note for an amount based on 10% monthly. What are the proceeds?

Alan borrowed $5,000 from Janet due in seven years at 8% monthly. Four years after the debt is contracted, Janet sells the note to Burt for an amount based on 10% monthly. How much does Janet receive (the proceeds)?

Nikul

Bozo borrowed $15,000 from Ernie due in 5 years at 6% compounded monthly. Immediately after the debt is contracted, Ernie sells the note to Max for an amount based on 5% compounded monthly. How much does Ernie receive?

Jacqueline invests $12000 for 8 years and 8 months. The account earns 11% semiannually. What is n for the compound interest part? A)What is the future value after the compound interest part?  B) Simple interest is used for how many months?  C) Assuming simple interest for the partial period, how much money does Jacqueline have in the account at the end of 8 years and 8 months?

Bozo borrowed $15,000 from Ernie due in 5 years at 6% compounded monthly. Immediately after the debt is contracted, Ernie sells the note to Max for an amount based on 5% compounded monthly. How much does Ernie receive?

Margo borrows $1400, agreeing to pay it back with 7% annual interest after 217 days. How much interest will she pay?

Meg O'Brien borrowed $75,000 to pay for her child's education. She must repay the loan at the end of 8 years in one payment with 8.75% interest. What is the maturity value Meg must repay?