Taylor plans to borrow $4,500 from the bank to purchase a used vehicle. If he borrows the money at the rate of 4% interest for 2 years, what is the total amount he will have to pay back to the bank?

Miguel deposits ₱135,500 in a savings account that pay 13% interest converted semi-annually. If he decide to withdraw his money when it grows to ₱225,000. When should his withdraw the money?

Jessica deposits $2435 at the beginning of each semiannual period for 8 years in an account paying 6% co-pounded semiannually. She then leaves that money alone, with no further deposits, for an additional 5 years. Find the final amount on deposit after the entire 13-year period.

Louie, the Loan shark, is willing to lend money to John, the construction contractor, however he wants to quadruple his money in 16 weeks. If Louie loans John $1,300.00, what weekly interest rate must Louie charge to get quadruple his money?

Richard invests $298.66 every month into an account. At the end of 30 years, he has a balance of $181,092.15. What interest did he make over 30 years?

Quan had $20,000 to invest. He put part of it in a term deposit paying 4.5% per annum and the remainder in bonds paying 5% per annum. If the total interest after one year was $940, how much did Quan invest at each rate?

Maddy Brown needed​ start-up money for her landscape service. She borrowed $11,000 for 42 months and paid ​$1,617 interest on the loan. What interest rate did she​ pay?

A bank lends $9000 at 7% simple interest. At the end of 1 year, how much interest is owed on the loan?

Reymark deposited ₱25,000 to his bank account with an annual interest of 4% that is compounded monthly. How long does he have to wait before he get a ₱45,000 on his account?

Faisal has $11,000 in his savings account and can save an additional $3,300 per year. If interest rates are​ 12%, how long will it take his savings to grow to $46,000​?