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Calculate the rate of interest charged on the loan

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Reference no: EM132801787

Questions -

Q1) What principal will have a maturity value of $100,000.00 at 5% p.a. in 18 months?

Q2) At what rate of interest will $1,087.00 earn $63.84 in 264 days?

Q3) What is the present value of $1,200.00 due at 7.25% p.a. in 100 days?

4Q) If Inez is charged an interest of $42.95 on a loan of $950.00 for seven months, calculate the rate of interest charged on the loan.

Reference no: EM132801787

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