How many days will it take for a $40,000 deposit to earn $706.85 in interest at a 3% simple interest rate?

a 212 b 0.54 c 215 d 0.58

Calculate the quarterly payment on a $250,000 commercial loan amortized over 7 years at 4% interest.

a $4,414 b $10,281 c $854 d $3,418

What would be the initial mortgage amount if your client wishes to pay no more than $1,340 per month, amortized over 15 years at a market interest rate of 4.8%? a $173,402 b $234,976 c $172,243 d $171,704