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Mathematics, 19.11.2020 22:10 edwin3448

If you want 30 points you will answer this question properly. It's overdue and I'm going to lose my ever-loving mind. I beg you with all holly to help me, please. Lesson 8 Homework Practice
Financial Literacy
Find the simple interest earned to the nearest cent for each principal, interest rate, and time.

1. $750, 7%, 3 years

2. $1,200, 3.5%, 2 years

3. $450, 5%, 4 months

4. $1,000, 2%, 9 months

5. $530, 6%, 1 year

6. $600, 8%, 1 month

Find the simple interest paid to the nearest cent for each loan, interest rate, and time.

7. $668, 5%, 2 years

8. $720, 4.25%, 3 months

9. $2,500, 6.9%, 6 months

10. $500, 12%, 18 months

11. $300, 9%, 3 years

12. $2,000, 20%, 1 year

13. ELECTRONICS Rita charged $126 for a DVD player at an interest rate of 15.9%.
How much will Rita have to pay after 2 months if she makes no payments?

14. VACATION The average cost for a vacation is $1,050. If a family borrows money
for the vacation at an interest rate of 11.9% for 6 months, what is the total cost of
the vacation including the interest on the loan?

15. INVESTMENTS Serena has $2,500 to invest in a CD (certificate of deposit).
a. If Serena invests the $2,500 in the CD that yields 4% interest, what will
the CD be worth after 2 years?
b. Serena would like to have $3,000 altogether. If the interest rate is 5%, in
how many years will she have $3,000?
c. Suppose Serena invests the $2,500 for 3 years and earns $255. What was
the rate of interest?

30 points for this I will all so give most friend you whatever you want, just help me

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