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12,14,22,28 and 30 are the questions please E. Interest as a Percent (One Year Loans) 12. Taneisha is loaning Jim $12,000 for 1 year. They
12,14,22,28 and 30 are the questions please
E. Interest as a Percent (One Year Loans) 12. Taneisha is loaning Jim $12,000 for 1 year. They have agreed that the simple interest rate for this loan will be 8%. Find the total amount of interest Jim will pay. 13. Alonzo loaned Jeremy $325.18 for 1 year at a simple interest rate of 12%%. How much interest will Jeremy have to pay? 14. Samir borrowed $7,829.14 for 1 year at a simple interest rate of 99% per annum. How much will he need to repay the loan? 15. Terry has borrowed $8,200 for 1 year at a simple interest rate of 11.5% per annum. What is the total amount she will need to repay the loan? 17. F. Interest as a Percent (Multiple-Year Loans) 16. Westerman Capital Corp. loaned Milford Financial Inc. $100,000 for 2 years at 8% simple interest. How much interest will Milford Financial pay? Kyle borrowed $800 from Gavin for 4 years at 512% simple interest. How much interest will Kyle pay for this loan? 18. Reza borrowed $16,000 from Wiscoy Savings and Loan for 3 years at 9.65% simple interest. How much total interest will he pay? 19. Wendy loaned Peter $2,896.17 for 8 years at 6.74% simple interest per annum. How much total interest will Wendy earn? 20. Yushio is borrowing $3,525 from Houghtonville National Bank for 2 years at 12.6% simple interest. How much will he need to repay the loan? Mary has agreed to loan Karen $1,125.37 for 5 years at 77% simple interest. How much will Mary receive when the loan is repaid? Tomas borrowed $25,300 at 914% simple interest for 3 years. How much will he need to pay off this loan? 23. Glenys made a loan of $16,425.75 for 3 years at 14.79% simple interest. How much in total will she receive when the loan is repaid? 21. 22. Grab Bag G. 24. Bob deposited $15,000 in a CD for 3 years paying 4.33% simple interest. How much total interest will he earn? 25. When I went out to lunch with a few coworkers last week I forgot my wallet. One of my coworkers paid my $10.75 check, and I paid her back $12 at the end of the week. How much interest did I pay? 26. June plans to deposit $800 in a certificate of deposit paying 6%% simple interest for 2 years. What will her CD be worth at the end of the term? 27 Hassan has decided to deposit $3,257.19 into a bank CD paying 1.25% simple interest for 1 year. What will the CD be worth at the end of the year? 28. Larissa has opened a CD at Canandaigua Federal Bank by depositing $27,392.04. The term of the CD is 4 years, and it pays 0.44% simple interest. How much will she have in this account at the end of the term? 29. The Village of West Rochester made a short-term deposit of $476,903 in a local bank. When the village withdrew its funds, the account had grown to $479,147. How much interest d it earn on the deposit? 30. Express 9 12/25% as a decimal. 31. If you invested $1,825 at 27% simple interest, how much would your money have grov to after 2 years? ATICS OF MONEYStep by Step Solution
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