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Calculate the simple interest and maturity value for the following problems. Round to the nearest cent as meeded. WU {0[(1) Complete the following, using ordinary
Calculate the simple interest and maturity value for the following problems. Round to the nearest cent as meeded. WU {0[(1) Complete the following, using ordinary interes:: LU/0/2, Solve for the missing item in the following (nound to the nearest hundredth as needed): L.U102(I) 10-16. On September 12. Jody Jansen went to Sunshine Bank to borrow $2,300 at 9% interest. Jody plans to repuy the loan on January 27. Assume the loan is on ordinary interest. What interest will Jody owe on January 27 ? What is the botal amount Jody mest repay at maturity? LU/0I(2) 10-17. Kelly O'Brien met Jody Jansen (Problem 10-16) at Sunshine Bank and suggesed she consider the loan on exact interest. Recalculate the loan for Jody under this assumption. How much would she save in interest? L.U101(2) 10-18. On May 3, 2022. Leven Comp. negotiated a short-term loan of 5685.000 . The loan is due October I, 2022, and 10-13. Use the US. Rule to solve for botal intenest corts, balances, and fintal puyments (use ondinary interest) 1.1 / /0. carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? 1.U/10I(2) Given Principal: $10.000,8%,240 days Partial payments: On 100th day, $4,000 On 180th day, $2,0000 eXeel 10-19. Gordon Rosel went to his bank to find out how long it will take for 51,200 to amount to 51.650 at 85 simple interest. Pleave solve Gordon's problem. Round time in years to the nearest tenth. L.U I0-2( 1). 10-20. Lacky Champ owes $191.25 interest on a 6 t loan he took out on his March 17 birthday to upgrade an oven in his Irish restaurant, Lacky's Pub and Girub. The loan is doe on August 17. What is the principal (assume ovdinary interest)? [U(02(1) NORD PROBLEMS 0-14. Nolan Walker decided to buy a used snow mobile since his credit enion was offering sech low interest rases. He borrowed 52.700 at 3.5% on Deceaber 26, 2022, and paid it off February 21. 2023, How mech did he pus in ibteres? (Asume ondinary intenea and no leap year.) LU/01(2) 10-21. On April 5, 2022, Janeen Camoct took out an 8.\% loan for 520.000 . The loan is due March 9. 2023. Use ordinary interest to calculate the interest. What total amount will Jancen pay on Manch 9, 2023? (lenore leap year.) LU 10I(2) Harold Hill berrowed \$15,000 to pay for his child's education at Riverside Commanity College. Harold must Whay the loan at the end of 9 months in one payment with 5 . % interest. How much interest mast Harold pay? 10.14 Calculate the simple interest and maturity value for the following problems. Round to the nearest cent as meeded. WU {0[(1) Complete the following, using ordinary interes:: LU/0/2, Solve for the missing item in the following (nound to the nearest hundredth as needed): L.U102(I) 10-16. On September 12. Jody Jansen went to Sunshine Bank to borrow $2,300 at 9% interest. Jody plans to repuy the loan on January 27. Assume the loan is on ordinary interest. What interest will Jody owe on January 27 ? What is the botal amount Jody mest repay at maturity? LU/0I(2) 10-17. Kelly O'Brien met Jody Jansen (Problem 10-16) at Sunshine Bank and suggesed she consider the loan on exact interest. Recalculate the loan for Jody under this assumption. How much would she save in interest? L.U101(2) 10-18. On May 3, 2022. Leven Comp. negotiated a short-term loan of 5685.000 . The loan is due October I, 2022, and 10-13. Use the US. Rule to solve for botal intenest corts, balances, and fintal puyments (use ondinary interest) 1.1 / /0. carries a 6.86% interest rate. Use ordinary interest to calculate the interest. What is the total amount Leven would pay on the maturity date? 1.U/10I(2) Given Principal: $10.000,8%,240 days Partial payments: On 100th day, $4,000 On 180th day, $2,0000 eXeel 10-19. Gordon Rosel went to his bank to find out how long it will take for 51,200 to amount to 51.650 at 85 simple interest. Pleave solve Gordon's problem. Round time in years to the nearest tenth. L.U I0-2( 1). 10-20. Lacky Champ owes $191.25 interest on a 6 t loan he took out on his March 17 birthday to upgrade an oven in his Irish restaurant, Lacky's Pub and Girub. The loan is doe on August 17. What is the principal (assume ovdinary interest)? [U(02(1) NORD PROBLEMS 0-14. Nolan Walker decided to buy a used snow mobile since his credit enion was offering sech low interest rases. He borrowed 52.700 at 3.5% on Deceaber 26, 2022, and paid it off February 21. 2023, How mech did he pus in ibteres? (Asume ondinary intenea and no leap year.) LU/01(2) 10-21. On April 5, 2022, Janeen Camoct took out an 8.\% loan for 520.000 . The loan is due March 9. 2023. Use ordinary interest to calculate the interest. What total amount will Jancen pay on Manch 9, 2023? (lenore leap year.) LU 10I(2) Harold Hill berrowed \$15,000 to pay for his child's education at Riverside Commanity College. Harold must Whay the loan at the end of 9 months in one payment with 5 . % interest. How much interest mast Harold pay? 10.14
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