Question
Question #1. How many days are between October 29, 2019 and January 2, 2020? Question #2. Find the amount of simple interest earned on an
Question #1. How many days are between October 29, 2019 and January 2, 2020?
Question #2. Find the amount of simple interest earned on an investment of $12,855 from March 12th, 2018 to October 17th, 2019 if interest is earned at 2.98% per annum.
Question #3. If interest is at 7.98% p.a., how many WHOLE days will it take for $8,134 to earn $258.77 in interest? Round your final answer up to the next whole day.
Question #4 Determine the rate of interest (per annum) required for $4,990 to grow to $5,287 in 10 months' time. Round your final answer to 2 decimal places.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started