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TAIL MY NOTES ASK YOUR Myerson borrowed $8,500 at 9% ordinary interest for 200 days. After 140 days, he made a partial payment of $5,000.
TAIL MY NOTES ASK YOUR Myerson borrowed $8,500 at 9% ordinary interest for 200 days. After 140 days, he made a partial payment of $5,000. What is the final amount due on the loan? O $3,386.67 O $3,655.56 O $3,677.78 $3,814.64 20. DETAILS BRECMBC9 11.1.TB.011. MY NOTES ASK YOURT Manually calculate the compound interest on an investment of 57.500 at 12% interest, compounded semiannually, for 18 months. 51,350.00 $1,389.75 D$1,432.62 $8.932.65 Satve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to five 1:38:14 to the nearest cent and percents to the nearest hundredth of a percent) Calculate the compound interest on an investment of $42,000 at 4% Interest, compounded quarterly, for 5 years. O $8,400.00 59,099.30 $9,247.98 O $51,247.98 22. DETAILS BRECMBC9 11.1.TB.017. MY NOTES ASK YOUR TEACHER Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Simon invests $18,500, at 8 interest compounded annually for 8 years. Calculate the compound amount for his Investment. $11,840.00 $15,742.21 0 $30,340.00 534,242.21 time left. 1:37:35 dollar Solve the following problem using either Table 11-1 or Table 11-2 from your text. When necessary, create new table factors. (Round new table factors to five de to the nearest cent and percents to the nearest hundredth of a percent) Omar invests $4.625 8% interest, compounded semiannually for 4 years. Calculate the effective interest rate for his investment. (Round to nearest hundredth percent.) O 7.84% 08.00% 8.16% 8.329 24. DETAILS BRECMBC9 11.1.TB.031. MY NOTES ASK YOUR TEACHER Solve the following problem using either Table 11-1 or Table 11 2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent) Anibal Invests $5,250 at 69 interest, compounded quarterly for 1 year Calculate the effective interest rate for his investment (Round to nearest hundredth percent.) 5.98% 06.00 6.14% 6.56%
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