1. A simple interest loan for \(\$ 50,000\) is taken out at \(5.15 \%\) annual percentage rate. A partial payment is made 120 days into the loan period. How much of the partial payment will be for interest?

2. A simple interest loan for \(\$ 8,500\) is taken out at \(9.9 \%\) annual interest rate. A partial payment is to be made after 75 days. How much of the partial payment will be for interest?