If you borrowed $1,350 to pay rent from a rapid cash advance company, and you have to pay $1,485 after ten months, what is the rate of simple interest charged?

a. 1%

b 11%

c 1.2%

d 12%

If you deposit $401.45 into continously compounded account at 6.25% how much will you withdraw in 10 year?

You are offered 5.5% compounded quarterly for the first 5 years of employment. What should you deposit to have $10,278.55 at the end of five year?