Butcher decided to deposit $ 875 from May 29, 2013 to August 13, 2013 at 11.5 % per annum. Compute the amount of simple interest he will earn at the end of the term. Round to the nearest 100th. 8. A child learning to save money invested a capital of $ 250 at a nominal rate of 0.0825 with simple interest. If he earned $ 11.98 at the maturity date, how many days was the term of the deposit? Round to the nearest one. .A bank pays an interest of 4.5 % for a term deposit of three months. Calculate the amount that Stokes must invest to earn an interest of $ 100. Round to the nearest 100th. 10. What principal will earn $ 219.89 interest at 11.25 % p.a. from November 16, 2013 to February 7. 2014? Approximate to the nearest 100th. 11. If Monsieur Legendre is charged an interest of $ 42.95 on a loan of $ 950 for seven months, calculate the rate of interest he paid for the loan. Give your answer in percentage rounded to the nearest 10oth. 12, Fourier made an investment of $ 12 000, earning an interest of $ 480. Calculate the time in months if the interest rate is 6 %. Round to the nearest one. You want to invest $ 5000 at 9.5 %% p. a, and have it grow to $ 6000. How many years should the term of your investment be? Round to the nearest 100 14. George Green wishes to invest $ 8000 th mer job. His bank offers 3.75 for a one year term inves aldow much will George receive (capital plus year rate? Round to the nearest ")How much will he receive (capital plus interest) after one year if he invests for six months at a files lat sis % each time? This means Geared took truly