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home/study/business/finance/questions and answers/ please show the steps you took to get to the answers ... Question PLease show the steps you took to get to

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1.)Find the amount of simple interest I would pay on a loan of $6,953.22 for 673 days at 6 5/8% simple interest.

2.)John has borrowed $13,750 for 150 days at 10.2% simple interest.Interest will be calculated using bankers rule.Find the total amount he will need to repay the loan

3.)Tessa borrowed $19,540. 7 months later she paid off the loan, paying a total of $20,635.What simple interest rate did she pay?

4.)Suppose that on July 13, 2011 I deposited $5,000 in a CD which matured on September 8, 2013.The simple interest rate was 4.25%.What was my account value at maturity?

5.)On February 17, 2012, Alison borrowed $5,200 from Canandaigua International Bank at 10.99% simple interest. (NOTE: 2012 was a leap year)At maturity, she will repay a total of $5,482.86.a)Find the term of the note (in days).(10 points)b) On what date will the note mature?

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