ASsignment: Finance Summer 2019 1. Lupe put $24,000 in a certificate of deposit that gained interest at a rate of 9.5 % . How much interest did the account gain after 4 months? The account gained $ interest after 4 months. (Round to the nearest cent as needed.) How much interest will you have to pay for a credit card balance of $896 that is 1 month overdue, if a 20% annual rate is charged? 2 You will have to pay $ in interest. (Round to two decimal places.) 3. A loan of $1,070 was repaid at the end of 18 months with a check for $1,090, What annual rate of interest was charged? needed.) The annual rate of interest was charged at %. (Round to two decimal places as 4. What is the purchase price of a 50-day T-bill with a maturity value of $1,322 that earns an annual interest rate of 2.771 %? (Assume a 360-day year.) The purchase price is $ . (Round to two decimal places.)