1. -15 points Find the requested value and tell what the other numbers represent. Find P: 11716 = P + P(0.04X4) Need Help? Read It Watch It Talk to a Tutor 2. -12 points $14,000 is invested for 4 years at an annual simple interest rate of 12%. (a) How much interest will be earned? (b) What is the future value of the investment at the end of the 4 years? Need Help? Read It Watch It Talk to a Tutor 3. 1/1 points Previous Answers If you borrow $700 for 6 months at 12% annual simple interest, how much must you repay at the end of the 6 months? $ 742 Need Help? Read It Talk to a Tutor 4. -/1 points If you lend $3400 to a friend for 6 months at 8% annual simple interest, find the future value of the loan. Need Help? Read It Master It Talk to a Tutor 5. -14 points Find the requested value and identify each of the other values as the periodic rate, the number of periods, the principal, or the future value. Find S: S = 2500(1 + 0.02)12. (Round your answer to two decimal places.) S = 2500: periodic rate number of periods principal future value 0.02: periodic rate number of periods principal future value 12: periodic rate number of periods principal future value Need Help? Read It Talk to a Tutor