How much initial deposit celeb will have

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Question 1: Jacob borrowed $12,000 5 February,2019 until 13th march 2020. How much interet Jacob have to pay on the load at 3.25% annum?

Question 2: If a loan of $23500 earned $1274.52 in interest over 17 months time , what simple rate of interest being charged P.A ?

Question 3: How many month it would take a loan of $37000 to grow to $42,325 if it is earning 4.2 % p.a ?

Question 4: Caleb deposited $ 18750 into an account that is earning 3.85% p.a . After 20 months , the deposited rate drop to 3.75% p.a . How much initial deposit Celeb will have after 3 years?

Reference no: EM132959497

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