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1. 1-/10 Points) DETAILS HARMATHAP12 6.1.005. $20,000 is invested for 3 months at an annual simple interest rate of 2%, (a) How much interest will

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1. 1-/10 Points) DETAILS HARMATHAP12 6.1.005. $20,000 is invested for 3 months at an annual simple interest rate of 2%, (a) How much interest will be earned? (b) What is the future value of the investment after 3 months? 2. (-/10 Points) DETAILS HARMATHAP12 6.1.011. A couple bought some stock for $40 per share that pays an annual dividend of $0.80 per share. After 2 years the price of the stock was $44 (a) What is the return on investment? (b) Find the simple interest rate on the growth of their investment 3. 1-/15 Points) DETAILS HARMATHAP12 6.1.019. If $5000 is invested at 7% annual simple Interest, how long does it take to be worth $67507 4. I-115 Points) DETAILS HARMATHAP12 6.2.009. What are the future value and the interest eamed 4000 is invested for 3 years at 8% compounded quarterly? (Round your answers to the nearest cont.) future value $ Interest earned 5

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