Calculate the value of x. Interest Amount Principal / Present Value Interest Rate (per year) Time $2009 7.34% 12 months Answer: Calculate the value of x. Maturity / Future Value Principal / Present Value Interest Rate (per year) Time $3308 10.13% 121 days Answer: Five months ago, Sarah borrowed $1100 from Joe. When she borrowed the money, they agreed she would pay 5% p.a. in simple interest. Sarah pays Joe back today. What is the principal amount? Select one: O a. 5 months b. 0.416667 years c. $1000 d. 596