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Interest, Principal, Rate and Time A) What amount of interest is earned on $2,500,000 over 183 days when the interest rate is 11.25% p.a.? B)How
Interest, Principal, Rate and Time A) What amount of interest is earned on $2,500,000 over 183 days when the interest rate is 11.25% p.a.? B)How much interest is earned on $1,000 at 13% p.a. for 15 months? C)What principal will earn $12.22 interest in 90 days at 3.25% p.a.? D)How many months will it take a $20,000 investment to earn $675 interest at 4.5% p.a.? E)Teresa invested $4000. She deposited the money on August 8, 2015 into a savings account. If the interest she earned when she withdrew the money on October 9, 2016 was $75.72, determine the annual rate of simple interest. Maturity Value F)What would be the maturity value of $27,500 invested for 134 days when the interest rate is 8% p.a.? G)Calculate the maturity value of $2750 invested at 5.15% p.a. from June 15, 2017 to January 5, 2018. H)What is the present value of $104,138.08 invested for 128 days when the interest rate is 11.8% p.a
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