answer each problem

and explain the formula that you used and explain step by step how it is solved

kris borrowed $8,000 on Nov. 2, 1992, which is to bencaid to be repaid , How much will the Interest be at the repayment date visina on May 21, 1993 at 16.2% interest. per wear Find the amount the following time period a Ordute b Exact interest Compound interest Problem 1 - A savings account in a bann yrelds o 15% compound interest comaly. Accumulate Chind the future va od $25.000 for 4 years in this savings account. How much interest will be gained 2. lo a certain bonk. Beth invested $88,000 n a time deposite that pous 0,5% compound interest in a year. How much will be her money after co years? How much interest Luill she gain