Question: a. Find the simple interest due on $4000 loaned for 4 months with a 12% interest rate. b. Find the simple interest due on $6500

a. Find the simple interest due on $4000 loaned for 4 months with a 12% interest rate.

b. Find the simple interest due on $6500 loaned for 3 months with a 20% interest rate.

c. Calculate the total amount in an account if $5500 is compounded annually at 12% for 15 years.

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