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Find principal to the nearest dollar, rate to the nearest tenth of a percent, or time to the nearest day. Use banker's interest. Normandy House
Find principal to the nearest dollar, rate to the nearest tenth of a percent, or time to the nearest day. Use banker's interest. Normandy House earned $283.00 interest on a $17,000 deposit in an account paying 4%. Find the number of days that the funds were on deposit. | O 152 days ( 225 days 150 days 42 days Question 40 2.5 pts Universal Bank lends $3,300,000 for 1 years at 8% compounded quarterly to Shining Shores Development Company to fund the building of a condominium complex. Find the future value. O $3.703.821.00 $5,236.671.00 $3,716,328.00 $3,696,000.00 Question 39 2.5 pts Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month. If $28,750 in interest is paid on a loan at 11.5% for 5 years, what is the principal? $52.300 S50.000 $52.272.72
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