suming a 360-day year, when a $12,600, 90-day, 11% interest-bearing note payable matures, total payment und your answer to the nearest whole dollar.

4. Find the amount of interest earned on $23,000 compounded quarterly at 7.42% for 40 years. 5. Find the effective interest rate to the nearest hundredth if the nominal interest rate is 10% compounded quarterly. 6. Kayla deposited $8000 in a CD (Certificate of Deposit) paying 5% compounded semiannually. What is the Maturity Value of the CD?

What will be the maturity value of $5,000 deposited in a three-year certificate of deposit that earns 5 percent interest compounded semi-annually?

The interest on a $3,000, 10%, 180-day note receivable is (assume 360 days per year) O $150 O $3.300 O $300 $3000 Onmi ERCO DUTO

Simple and Compound Interesta. For each of the following notes, calculate the simple interest due at the end of the term. Round to the nearest dollar. Note Principal Rate Term 1 $18,000 4% 6 years 2 $18,000 6% 4 years 3 $18,000 8% 3 years   Note 1 Answer   Note 2 Answer   Note 3 Answer     b. Compute the amount of interest due at the end of the term for each of the above notes assuming interest is compounded annually.Use Excel or a financial calculator for your computations. Round your answer to the nearest dollar. Note 1 Answer   Note 2 Answer   Note 3 Answer

Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate. Future Value $50,000 7.8% $225,000 6.9% $200,000 6.5% $275,000 3.9% $125,000 5.2% r compounding frequency annually semiannually quarterly monthly weekly time in years 6 15 10 $ 11 $ 13 $ periodic deposit (m) $ interest earned

Assuming a 360-day year, when a $11,392, 90-day, 10% interest-bearing note payable matures, total payment will be a. $11,677 Ob. $12,531 Oc. $1,139 Od. $285 That's Built PlueA

A $2600 certificate of deposit held for 66 days was worth $2623.36. What simple interest rate was earned? Assume a 360-day year. The certificate of deposit earned an interest rate of %. (Type an integer or decimal rounded to the nearest tenth as needed.)

For ethe case shown in the following table, determine the amount of the equal, end of year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. Sum to be accumulated: $130,000 Accumulation Period (years): 30 Interest Rate: 13% The amount of the end of year annual deposit is? (round to the nearest cent)