1.To borrowmoney, you pawn your guitar. Based on the value of theguitar, the pawnbroker loans you $720. One monthlater, you get the guitar back by paying the pawnbroker $1172. What annual interest rate did youpay?

whats the simple interest rate willl you pay? (round to the nearest whole number)

2.A bank offers a CD that pays a simple interest rate of 2.5%. How much must you put in this CD now in order to have $2,000 for ahome-entertainment center in 3 years.? roundup to the nearest whole dollar as needed

3.In order to start a smallbusiness, a student takes out a simple interest loan for $9000.00 for 3 months at a rate of 12.00%

a. How much interest must the studentpay?

b. Find the future value of the loan.

roundt o the nearest cent

5.P=$17,000, r=6%, t=120 days

whats the simple interest owed?

6. Find theloan's future valueA, or the total amount due at time t. Round answers to the nearest cent.

P= $9000, r=7%, t=6 years

7.Find theloan's future valueA, or the total amount due at time t.

P=$2000, r=9.0%, t=4 months

whats theloan's future value?

round the final answer to the nearest cent

.