1.On March 16, Juanita took out a loan for $1,200, at 11% ordinary interest, for 100 days. What is the maturity date of the loan? (Note: Do not abbreviate. Example: Enter 'February 8')

2.Maria borrowed $15,000 at 8% ordinary interest for 150 days. After 50 days, she made a partial payment of $2,000. After another 80 days, Maria made a second partial payment of $3,000. What is the final amount due on the loan?

3.What is the maturity date of a loan taken out on March 19, for 46 days? (Note: Do not abbreviate. Example: Enter 'February 8')

4.If you sign a discount note for $10,500 at a bank discount rate of 13%, for 18 months, what is the effective interest rate? Round your answer to the nearest tenth percent.

Do not enter the percent symbol in your answer.

5.Mountain Vineyards takes out a loan of $10,000, for 86 days. If the amount of interest is $117.81, use the exact interest method to find the rate. Round to the nearest tenth percent.

6.What is the effective interest rate of a simple discount note for $3,000 at a bank discount rate of 13%, for 24 months? Round your answer to the nearest tenth percent.

7.What is the time period of a loan for $3,000, at 8% exact interest if the amount of interest is $145.97? Round any fraction to the next higher day.

Enter a number only.

8.Suppose you take out a loan for $10,000, at 7% ordinary interest. If the amount of interest is $412.22, what is the time period? Round any fraction to the next higher day.

Enter a number only.

9.If you purchase $60,000 in U.S. Treasury Bills with a discount rate of 4.7% for a period of 13 weeks, what is the effective interest rate?