What is her monthly salary and how much does she spend

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Q1. Calculate the interest on $19,250 at 5.75% simple interest for 1 year and 5 months?

Q2. Calculate the total amount to be repaid on a loan of £17.725 at 6.4% simple interest for 320 days?

Q3. Cindy pays 21% of her income in rent and spends 17% in food. Her rent is CHF 1,600 per month. What is her monthly salary and how much does she spend on food each month?

Q4. You invest in a three year bond with a coupon of 6% at a price of 97.5%. What is your income yield?

Reference no: EM132961926

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