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pls help the deadline is in 3 hrs Solve the following problems. Show your solution to support your answer. 1. At 7.87 % simple interest
pls help the deadline is in 3 hrs
Solve the following problems. Show your solution to support your answer. 1. At 7.87 % simple interest for 4 years and 5 months, what is the maturity value of the borrowed money amounting to #2340? 2. How much is the accrued interest if Esmond borrowed $45,000 at 7- % simple interest 4 years ago? N 3. Mr. Raymond Javier borrows #500,000 at 2.67% from a cooperative to buy a delivery motorcycle for his pizza business. Given that the loan is for 500 days, solve for the maturity value using exact and ordinary interest. 4. Ellice Computer Shop borrowed $750,000 on Feb. 21, 2021, with the interest due on Nov. 15, 2022. The interest rate is 5%. Prepare a detailed computation of the simple interest using the four formsStep by Step Solution
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