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1. The future value on a simple interest account of a five-month loan of _____ if the interest rate is 1.25% per month is 743.75.
1. The future value on a simple interest account of a five-month loan of _____ if the interest rate is 1.25% per month is 743.75. 2. ***The sum of the finance charge and the balance as of the last transaction is called the _____. 3. The balance at the end of the 2nd half of year 1 if 800 payment is made semi-annually for 4 years at 5% is 800(_____)+800. 4. The effective rate E of an investment that earns 5.25% compounded monthly rounded off to the nearest thousandth without percent symbol is _____. 5.The simple interest due on a 45-day loan of _____ if the annual interest rate is 8% is 35
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