Find the simple interest on $31,200 at 5.25% for 107 days. Assume 360 days in a year and 30 days in a month. The simple interest on $31,200 at 5.25% for 107 days is $. (Round to the nearest cent.)

The amount of interest on $X for two years is $330. The amount of discount on $X for one year is $144. Find the annual effective interest rate i and the value of X. (Round your answer for i to two decimal places. Round your answer for X to the nearest cent.) ¡ = 9.42 X X = $ 1672.66 X Submit Answer %

Find the present value of the future value of $5,750 at 4 5/8% simple interest for 630 days. (Round your answer to the nearest cent.)P = $

If $15,000 was borrowed at 12 percent interest with monthly payments of $333.67, how long will take to pay off the loan?    N =_____    I/YR =_____    PV =________  PMT =_________    FV = ____________

Solve by using the present value formula. Round your answers (in $) to the nearest cent. CompoundAmount Term ofInvestment NominalRate (%) InterestCompounded PresentValue CompoundInterest 18,000 8 years  4.5 monthly

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.) 1) p $500, r 8%, t = 2 years A) $80.00 B) $8.00 C) $2000.00 D) $31.25

Calculate the simple interest earned. Round to the nearest cent. P = $4700, r = 7%, t = 1 year

Find the future value and compound interest on $6,000 at 6% compounded semiannually for two years. Use the Future Value or Compound Amount of $1.00 Table or the future value and compound interest formula. Future Value or Compound Amount of $1.00. .... Future value = $(Round to the nearest cent as needed.) Compound interest = $ (Round to the nearest cent as needed.)