Mathematics, 29.02.2020 05:30 deshawnmichaelosbqs9

WORTH 30 POINTS PLEASE HURRY!!

1.

Your 8 year loan of $12,200 is at 5.3% compounded annually. How much will you have paid in total for your loan?

2

You borrowed $1,690 for 5 1/2 years at 5.7% compounded annually. What total will you pay back?

3

Your 3 year investment of $20,000 received 5.2% interest compounded annually. What is your total return?

4

$1,240 at 8% compounded annually for 2 years

Find the amount of interest.

5

A $10,000 Treasury Bill earned 16% compounded annually. If the bill matured in 2 years, what was it worth at maturity?

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6

You borrowed $59,000 for 2 years at 11% which was compounded annually. What total will you pay back?

7

$18,000 at 9% compounded annually for 6 years

Find the amount of interest.

8

Your 6 year investment of $40,000 at 14% compounded annually is worth how much now?

9

$1,500 at 7% compounded annually for 3 years

Find the amount of interest.

10

You lend out $5500 at 10% compounded annually. If the debt is repaid in 18 months, what is the total owed at the time of repayment?

Answers: 1

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WORTH 30 POINTS PLEASE HURRY!!

1.

Your 8 year loan of $12,200 is at 5.3% comp...