1.Juliana invested $3,500 at a rate of 5.75% p.a. simple interest. How many days will it take for her investment to grow to $3,570?

2.Calculate the amount of interest earned on a $3,500 investment made for 2 years at 5.5% p.a..

3.If an investment grew to $11,000 in 3 years and the interest amount earned was $1,050, calculate the nominal interest rate compounded quarterly.

4.Royal Company holds a loan with an interest rate of 10.00% compounded semi-annually. Calculate the effective rate of the loan.

5.Wanting to save money, the next time Alex goes to a restaurant, his dinner and taxes combined comes to $10.00. If taxes are equal to 13%, what is the value of his dinner?

6.If you wish to have $3,215 in 8 years, how much should you invest today in an investment fund that earns 4% compounded annually?

7.If the accumulated value of an investment that is growing at 4.49% compounded quarterly is $87,634.15, and the interest earned on this investment is $25,634.15, calculate the time period of this investment.

8. Determine the percent change in the price of an item that was selling for $260.00 last year, and is being sold for $208.00 this year.

9.A small telecommunications company invested its 2010 net income of $435,900 in a savings account for 3 years and 7 months. Money was earning interest at a rate of 6.20% compounded monthly.

a. Calculate the amount it would have in this account at the end of the period.

b. Calculate the interest earned.