Question: Complete 1 through 5 I. Find the simple interest for a $3478 loan at 7.4% for 88 days. 2. Find the semiannual (simple) interest payment
I. Find the simple interest for a $3478 loan at 7.4% for 88 days. 2. Find the semiannual (simple) interest payment and total interest earned over the life of a $12,000 corporate 6-year bond at 4.75% annual interest. 3. Find the maturity value for a $7,750 loan at 6.8% for 4 months. 4 Find the amount of discount, the price, and the actual interest rate paid for a 6-month $10,000 T-bill sold at 4% discount. 5. Find the compound amount and the amount of interest earned by $12,903.45 at 6.37% compounded quarterly for 29 quarters
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