Calculate the annual amount of interest (assuming no principal repayment) for each of the following:

Term loan of $ 122,000 over 15 years at 6.5%.

Line of credit for $50,000 drawn 50% in one year at 1 0%.

Fifteen shares of stock purchased at $12.50 per share.

Bonds trading at par for $2,000 with a 7% rate.