A restaurant borrows $14,800 from a local bank for 7 months. The local bank charges simple interest at an annual rate of for this loan. Assume each month is 1/12 of a year. Answer each part below.

If the cost to mail a package is an initial $5 and $0.28 for every pound the total cost to mail a package was $11.27, how much did the package weigh?

Four individuals pool money together to start a new business and agree to split the profits equally. n invests $6,000, x invests $2,000, y invests $8,000 and z invests $4,000. if the profits for the first month were $100,000, y receives than if the profits were divided in proportion to how much they invested.

Barney & noblet customers can choose to purchase a membership for $25 per year members receive 10% off all store purchases 1. how much would a member pay per year if he bought $50 worth of items each year? 2. write a slope-intercept equation that expresses how much a member pays per year using x to represent his purchases per year 3. how much would a member have to spend per year to pay off his membership fee?