1. A loan company charges 32% simple interest for a 2-year, $600 loan, in an account that has a 3% annual rate a. What is the total interest on this loan? b. What is the interest for 3 months? c. What is the total amount A that must be paid to the loan company at the end of 2 years? 2. Texas has an 8.25% sales tax. Pam buys an item priced at $214. a. What is the sales tax on this item? b. What is Pam's total cost for this item? 3. what is the total amount you would have after 5 years if you invested $5000 in an account that has a 3% annual rate a. with interest compounded semi-annually b. with interest compounded monthly