For each of the following notes, calculate the simple interest due at the end of the...

  

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For each of the following notes, calculate the simple interest due at the end of the term. Note WNI 1 2 3 Face Value (Principal) $18,600 18,600 18,600 Rate 2% 8% 4% Term 8 Years 2 Years 4 Years Note 1 Note 2 Note 3 Note 1 Note 2 Now assume that the interest on the notes is compounded annually. Calculate the amount of interest due at the end of the term for each note. When using the Present Value and Future Value tables be sure to use all the digits shown. If required, round your answers to nearest dollar. Note 3 Note 1 Simple Interest Note 2 $ Note 3 S Finally, assume that the interest on the notes is compounded semiannually. Calculate the amount of interest due at the end of the term for each note. When using the Present Value and Future Value tables be sure to use all the digits shown. f required, round your answers to nearest dollar. Interest $ Interest $ For each of the following notes, calculate the simple interest due at the end of the term. Note WNI 1 2 3 Face Value (Principal) $18,600 18,600 18,600 Rate 2% 8% 4% Term 8 Years 2 Years 4 Years Note 1 Note 2 Note 3 Note 1 Note 2 Now assume that the interest on the notes is compounded annually. Calculate the amount of interest due at the end of the term for each note. When using the Present Value and Future Value tables be sure to use all the digits shown. If required, round your answers to nearest dollar. Note 3 Note 1 Simple Interest Note 2 $ Note 3 S Finally, assume that the interest on the notes is compounded semiannually. Calculate the amount of interest due at the end of the term for each note. When using the Present Value and Future Value tables be sure to use all the digits shown. f required, round your answers to nearest dollar. Interest $ Interest $

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Calculate the simple interest due at the end of the term Simple Interest Principal Rate Time For Not... View the full answer