Tony opened a hot dog stand last April. He borrowed $6100 to pay for the stand and startup inventory, and he agreed to pay off the loan in 9 months at 6% simple interest. Find the total amount required to repay the loan The total amount required to repay the loan is (Simplify your answer Type an integer or decimal rounded to the nearest cent as needed) Find the future value of each deposit if the account pays (a) simple interest, and (b) interest compounded annually. $900 at 5% for 3 years (a) The future value of an account that pays simple interest is $ (Type an integer or decimal rounded to the nearest cent as needed.) (b) The future value of an account that pays interest compounded annually is $1 (Type an integer or decimal rounded to the nearest cent as needed) Find the simple interest Principal Rate Time in Months $2000 4% 3 The simple interest is $ (Round to the nearest cent as needed.)