Find the maturity value of a $32,000 loan that is made for 6 years at 12%. Type in only the amount with a $ sign, no commas and round to the ones place.

Find the exact interest on $12,320 at 8% for 75 days. Type in only the amount with a $ sign, no commas and round to the hundredths place.

Find the balance in Mr. Thomass account after 6 years if he had deposited $11,000.in his account 4 years ago. The bank pays a simple interest rate of 8.4% annually.

Answers:

$2,1240

$19,240

$19,740

$20,240

Find the balance if you invest $34,100 at 4% for 3 years using simple interest. Type in only the amount with a $ sign, no commas and round to the ones place.

Calculate the simple interest earned on $1,000 deposited for 1 year at an interest rate of 3.2%. Type in only the amount with a $ sign and round to the one's place.

Calculate the simple interest earned in 180 days on a deposit of $6,000, with the interest rate of 6.75%. (Assume 360 days in a year) Type in only the amount with a $ sign and round to the hundredth place.

Calculate the simple interest earned in 1 year on a deposit of $9,000, with the interest rate of 8%. Type in only the amount with a $ sign and round to the ones place.

Calculate the amount of interest earned in 3 years on $1,500 deposited in an account paying 6.3% interest compounded daily. Type in only the amount with a $ sign and round to the hundredth place.

A loan of $50,000 at 7% is due in 16 months. Find the present value of the loan if the time value of money is 10%. Type in only the amount with a $ sign, no commas and round to the hundredths place.