Question 25 Not yet A loan company charges $30 interest for a one month loan of $500. Find the monthly interest rate they are charging answered Select one: Marked out of 1.00 a. 60% P Flag question b. 6% c. 72% d. 5% uestion 26 bt yet 1swered if you were given that the future value factor equals 1.12 and the future value of the invested amount equals 112 Then the present value of that amount would be:- arked out of Select one: 00 O a. 100 Flag question b. 113.12 c. 125.44 O d. 112 Question 27 Not yet answered Suppose you place $200 in a saving account that pays 10 percent interest compounded annually. How will your savings be at the end of year 1? Select one: Marked out of 1.00 a. 200 Flag question b. 110 c. 220 d. 242