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QUESTION 4 What is the principle of a loan that received 543.75 interest at 2 1/2 interest rate for 1 year and 2 months 1750

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QUESTION 4 What is the principle of a loan that received 543.75 interest at 2 1/2 interest rate for 1 year and 2 months 1750 1500 O 15.00 156.25 QUESTIONS What is the interest on a $1500 loan at 41M Interest rate for 8 months? 4250 4250 14.45 51000 QUESTION 6 invested $1000 at 3% interest on 45/02 and withdrew it on 2/3/03 (note different years). No leap yearl What is the interest eamed? What is the future value? bankers rule 15.01 EV1005.01 1-30 FV1030 1:50 FV-1050 125.33 FV=1025.3a

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