4.Using Table 11-1, compute the amount of compound interest (in $) earned in 1 year and the annual percentage yield (APY) for the investment. (Round your answers to two decimal places.)

Principal	Nominal Rate (%)	Interest Compounded	Compound Interest Earned in 1 Year	Annual Percentage Yield (APY)
$33,000	12	monthly	$	%

5. You invest $15,000 at 18% interest, compounded monthly, for 2 years. Use the compound interest formula to calculate the compound amount (in $) for your investment. (Round your answer to the nearest cent.)

$

6.Jerry King is a server in a restaurant that pays a salary of $26 per day. He also averages tips of 18% of his total gross food orders. Last week he worked 6 days and had total food orders of $2,967.50. What was his total gross pay for the week (in $)?$

7. Use Exhibit 18-1 to determine the sales tax (in $) and calculate the total purchase price (in $) for the item. (Round your answers to the nearest cent.)

Item	Selling Price	Sales Tax	Total Purchase Price
Hair dryer	$19.26	$	$

8. Bob Farrell works for a company that manufactures small appliances. Bob is paid $2.00 for each toaster, $4.60 for each microwave oven, and $1.55 for each food blender he assembles. If he produced 57 toasters, 36 microwave ovens, and 77 blenders, what were his total weekly gross earnings (in $)?$

9. The FernRod Motorcycle Company invested $350,000 at 4.5% compounded monthly to be used for the expansion of their manufacturing facilities. How much money will be available for the project in 4.5

years?

(Round your answer to the nearest dollar.)$

10. The owner of a hot dog stand receives a loan of $2,750 at 6.25% for 9 months. Find the amount of simple interest. (Round to the nearest cent.)