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PLEASE ANSWER 1. An amount of P7,300 is invested today at a simple interest rate of 4.5% for 11months. How much is the interest earned

PLEASE ANSWER 1. An amount of P7,300 is invested today at a simple interest rate of 4.5% for 11months. How much is the interest earned and future amount at the end of 11 months on this investment?

2. As a student you were tasked to determine the interest amount and future value for the following loan: Principal:6,170 Interest rate: 5.5% from August 7 to December 7, 2012.

3. Determine the future worth of money after 32 months, if a sum of P11,200 is invested today at a simple interest rate of 4.5% per month?

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