Compute the amount of interest

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Reference no: EM133152103

1) Calculate the amount of interest that will be charged on $9000.00 borrowed for four months at 9.0%.

2) Determine the exact time between January 20, 2012 and May 10, 2012 by counting days.

3) Compute the amount of interest on $250.00 at 8.25% p.a. from March 30, 2014 to October 28, 2014.

4) What rate of interest is paid if the interest on a loan of $7300.00 is $692.71 from June 11, 2014 to April 2, 2015?

5) Compute the accumulated value of $6500.00 at 8.5% after eleven months.

6) Find the present value of a debt of $760.00 ninety-five days before it is due if money is worth 6.25%.

Reference no: EM133152103

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