What is the answer to #6?

368 Chapter 8 I Simple Interest and Applications DEMANDLOANS 3. On January 02,2019 , Chloe took a demand loan of $15,280 at 8.25% p.a. simple interest. On April 19,2019 , the prime rate decreased and the rate on the loan changed to 8% p.a. If Chloe cleared the loan on August 24, 2019, calculate the total amount of interest that she paid on this loan. 4. Isabel received a demand loan from her bank for $8500 at 4% p.a. simple interest. Three months later, the prime rate increased and the rate on the loan changed to 4.25% p.a. If she repaid the loan in full in 8 months, calculate the total amount of interest that she paid on this loan. 5. What is the final payment of a demand loan of $12,000 at 13% p.a. simple interest, if $2000 was repaid in 2 months, another $4000 was repaid in 6 months, and the final payment to clear the loan is due in 8 months? 6. Jonah took a demand lo? repaid $1000 towards year. Calculate the size 7. Sally received a demand of $200 on December 31, the loan on April 13, 2019, 8. Maya received a deman On April 12, 2020, she mac $150. She will clear the rest PROMISSORY NOTES 9. On August 15, 2019, Sabina's bearing promissory note. Wh 10. A 60-day interest-bearing pros Calculate the maturity date ar 11. What is the face value of a 9 $25,400.68 an 12. What is $10,078 13. 0,000 at 11% p.a. simple interest to start a graphics design firm. In three months, he d in six months, he repaid another $1000. He cleared the balance at the end of one vment. ) on December 02, 2018 at 18\% p.a. simple interest. She made a small repayment the loan, and a larger repayment of $5000 on February 06, 2019. If she cleared ize of her final repayment? ;00 on January 15, 2020 from her bank at 12\% p.a. simple interest. $5000 towards the loan and on July 16,2020 , she made a small repayment of ptember 15, 2020. Calculate the size of her last repayment to clear the loan. 70,000 to one of its suppliers for 90 days in return for a 6% p.a. interesttate and the maturity value of the note? 00 has an interest rate of 2.25% p.a. and is dated December 20,2019. f the note. missory note dated January 03, 2019 with a maturity value of nissory note dated April 20. Calculate the a 21. paulina p.a. Calcula How much 25. Yuan purcl a. How n b. After his sel c. What 26. Kenneth a. How b. After calct c. Wha 27. A 182-da date will 28. A 364-d. ity value of