If 500 is the interest earned of 8,000 which was invested for 16 months, how much is the rate of interest? a.)4.68% b.)4.69% c.)4.70% d.)4.67% How long will it take to accumulate 5,000 to 7,000 if interest rate is 6%? a.)6.66 years b.)6.67 years c.)6.68 years d.)6.69 years Find the simple interest on a 9 300,000 loan due in 4 1/2 years. When the annual interest rate on the loan is 15 314%. What is the maturity value of this loan? a)? 212, 625 b.)P 212, 630 a)? 212, 730 d)? 212, 640 Find the simple interest on a a 300,000 loan due in 4 V2 years. When the annual interest rate on the loan is 15 3AM). What is the maturity value of this loan? a)? 512, 625 b.)P 512, 730 a)?: 512, 630 d)? 512, 640