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Calculate the simple interest earned. Round to the nearest cent. P= $9020, r = 6.75%, t = 4 months State your answer as a number,
Calculate the simple interest earned. Round to the nearest cent. P= $9020, r = 6.75%, t = 4 months State your answer as a number, without the dollar sign. For example, if the answer is $123.45, you type 123.45. Calculate the maturity value of a simple interest, one-year loan of $4400. The interest rate is 10.8%. (Round your answer to two decimal places.) State your answer as a number, without the dollar sign. For example, if the answer is $123.45, you type 123.45. You purchase a cottage for $185,000. You obtain a 25-year, fixed rate mortgage loan at 12.5% after paying a down payment of 25%. Of the second month's mortgage payment, how much is applied to the principal ? (Round your answers to the nearest cent.) State your answer as a number, without the dollar sign. For example, if the answer is $123.45, you type 123.45. Calculate the present value. (Round your answer to two decimal places.) A = $15,000, r = 7% compounded monthly, t = 4 years State your answer as a number, without the dollar sign. For example, if the answer is $123.45, you type 123.45
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