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1 . Calculate the missing value: Time Principal ( $ ) Rate ( % ) ( months ) Interest ( $ ) ? 1 0

1. Calculate the missing value:
Time
Principal ($) Rate (%)(months) Interest ($)
?10%11 months 328.85
Answer
2. Calculate the missing value:
Time
Principal ($) Rate (%)(months) Interest ($)
15,000?%5 months 546.88
Answer
3. Calculate the missing value:
Time
Principal ($) Rate (%)(months) Interest ($)
25,0001.1% per month 3 months ?
Answer
4. Calculate the missing value:
Time
Principal ($) Rate (%)(months) Interest ($)
8900?% per month 8 months 890.00
Answer
5. How much interest will be earned on $5000 in 5 months if the interest rate is 5.5%? Answer
6. Calculate the amount of interest owed on the repayment date:
Loan Date Date Interest
Principal ($) Advanced repaid rate (%)
3800 June 17/18 Oct. 1/1810
Answer
7. Calculate the missing values:
Principal Interest Interest
($) Start date End date rate (%)($)
? Oct. 28/18 Apr. 14/199(1)/(2)67.78
Answer
8. How much must be placed in a 5 month term deposit earning 4.3% simple interest, in order to earn $500 in interest?
Answer
9. Calculate the missing value:
Principal Interest
($) Rate (%) Time Interest
?3.5%11 months $253.30
Answer
10. Calculate the missing value:
Principal Interest
($) rate (%) Time Interest ($)
10,0004.25%6 months ?
Answer
11. Calculate the missing value:
Principal Interest
($) rate (%) Time Maturity Value ($)
$2,9504(1)/(2)%7 months ?
Answer
12. Calculate the missing value:
Principal Interest
($) rate (%) Time Maturity Value ($)
?10(1)/(2)%23 days $785.16
Answer
13. Calculate the missing value:
Principal Interest
($) rate (%) Time Maturity Value ($)
$680?300 days $730.30
Answer

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