< Question 2, 5.1.5 > Find the interest on the following loan. $1150 at 6.5% for 9 months The interest is $ (Round to the nearest cent as needed.) H L Question 3, 5.1.7 > p. C Find the interest on the following loan. Assume 365 days in a year. $38,000 at 9.25% for 191 days The simple interest on $38,000 at 9.25% for 191 days is $ (Round to the nearest cent as needed.) < Question 8, 5.1.23 > Find the present value of the given future amount. $85,000 for 4 months at 9% simple interest What is the present value? $ (Round to the nearest dollar as needed.) Question 9, 5.1.27 Part 1 of 2 > HW Score: 15.63%, 2.5 of 16 points O Points: 0 of 1 Save A 3-month $10,000 treasury bill with a simple annual discount rate of 0.25% was sold in 2016. Assume 365 days in a year. (a) Find the price of the treasury bill (T-bill). (b) Find the actual interest rate paid by the Treasury. (a) The price of the T-bill was $ (Round to the nearest cent as needed.) ... Question 11, 5.1.35-BE > Score: 15.63%, 2.5 OT 16 points Points: 0 of 1 Save An accountant for a corporation forgot to pay the firm's income tax of $725,812.72 on time. The government charged a penalty of 7.6% interest for the 38 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year. The total amount paid was $ (Round to the nearest cent as needed.) < Question 12, 5.1.36-BE > HW Score: 15.63%, 2.5 of 16 points Points: 0 of 1 Save Celeste Nossiter borrowed $8500 from her father to buy a used car. She repaid him after 10 months, at an annual interest rate of 4.9%. Find the total amount she repaid. The total amount she repaid is $ (Round to the nearest cent as needed.) Question 13, 5.1.41-BE > HW Score: 15.63%, 2.5 of 16 points Points: 0 of 1 Save Dave borrowed $5500 from his uncle with simple interest of 7% and eventually repaid $7040 (principal and interest). What was the time period of the loan? The time period of the loan was year(s). (Type an integer or a decimal.) HW Score: 15.63%, 2.5 of 16 points < Question 14, 5.1.43-BE > Points: 0 of 1 Save Karl Yates needs $11,000 to pay for the remodeling work on his house. A contractor agrees to do the work in 10 months. What is the present value of $11,000 at 5.3% simple interest in order to accumulate the $11,000 in 10 months? The present value is $ (Round to the nearest cent as needed.) < Question 15, 5.1.51-BE > HW Score: 15.63%, 2.5 of 16 points Points: 0 of 1 Save A stock that sold for $36 per share at the beginning of the year was selling for $77 at the end of the year. If the stock paid a dividend of $2.87 per share, what is the simple interest rate on the investment in this stock? Consider the interest to be the increase in value plus the dividend. The simple interest rate is %. (Do not round until the final answer. Then round to the nearest tenth as needed.)