1. Tom borrows a certain amount of money from Jerry. After 145 weeks, Tom repays Jerry a total of $6125. If the loan had an annual simple interestrate of 7.1%, how much did Tom borrow?

Round your answer to the nearest dollar (whole number).

2. Sandra borrows a certain amount of money from Louise. After 56 months, Sandra repays Louise a total of $6071. The loan had an annual simple interest rate of 10.5%.

Of the total amount that Sandra repaid to Louise, what percent was interest?

Round your answer to the nearest tenth of a percent (tenth place).

3. Simon borrows $942 dollars from Debra for 141 days. The annual simple interest rate on this loan is 1.6%.

Sara borrows $923 dollars from Jack for 144 days.

If the maturity value on both loans is the same, what annual simple interest rate is Jack charging Sara?

Round your answer to the nearest tenth of a percent (tenth place).

4. Frank borrows $1058 from Samantha for 25 months. If Samantha wants Frank to repay a total of 6% more than what he borrowed, what annual simple interest rate should she charge him?

Round your answer to the nearest tenth of a percent (tenth place).

5. Bank A offers an annual simple interest rate of 5.3%. Bank B offers an annual simple discount rate of 5.9%.

Suppose I want to deposit $16122. Assuming I choose the bank in which my money grows more, how much money will be in my account after 4 years?

Round your answer to the nearest dollar (whole number).