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Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p = $750, r= 6.75%, t=
Determine the simple interest. (The rate is an annual rate unless otherwise stated. Assume 360 days in one year.) p = $750, r= 6.75%, t= 60 days The simple interest is 35D. (Round to the nearest cent as needed.) Elisa needs money to repair her home air conditioner. so she pawns her bicycle. The pawnbroker loans Elisa $270. Twenty two days later, Elisa gets her bicycle back by paying the pawnbroker $293.10. What annual simple interest rate did the pawnbroker charge Elisa? Assume 360 days in a year. T The pawnbroker charged Elisa a simple interest rate of :l% (Round to the nearest whole number as needed.) Determine the simple interest (Assume 360 days in a year.) p = $571, r = 0.042% per day, t= 9 months The simple interest on $571 at 0.042% per day for 9 months is $D. (Round to the nearest cent.) Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p = $460, r = 3.25%, t = 1.75 years . . . . . The simple interest is $. (Round to the nearest cent as needed.)A man uses a loan program for small businesses to obtain a loan to help expand his vending machine business. The man borrows $24,000 for 4 years with a simple interest rate of 1.3%. Determine the amount of money the man must repay after 4 years' .nn- The man must repay $|:|. Jo borrowed $6,650 for 8 months from a bank. The bank discounted the loan at 8.5%. a. How much interest did Jo pay the bank for the use of its money? b. How much did he receive from the bank? c. What was the actual rate of interest he paid? Use the simple interest formula to determine the missing value. p = $1525, r= ?, t= 4 years, i = $97.60 . . . . . r=|% (Do not round until the final answer. Then round to one decimal place as needed.) 5Determine the simple interest. The rate is an annual rate. Assume 360 days in a year. p = $553.89, r = 8.6%, t= 53 days . . . . . The simple interest is $. (Do not round until the final answer. Then round to the nearest cent as needed.)Use the simple interest formula to determine the missing value. p = $948.56, r = 4.5%, t= ?, i= $213.43 . . . . . t = years (Do not round until the final answer. Then round to the nearest whole number as needed.)Use the simple interest formula to determine the missing value. p='.7, r=4%, t=6 months, i=$40 (T p = $|:| (Round to the nearest cent as needed.) 1 A woman borrowed $3400 from a bank for 9 months. Afriend was cosigner of the woman's personal note. The bank collected 43% simple interest on the date of maturity. a) How much did the woman pay for the use of the money? to) Determine the amount she repaid to the bank on the due date of the
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