PLEASE HELP ME ANSWER THESE LOAN PROBLEMS

4.A company currently owes $20,000 to a bank for a loan it took 5 years and 6 months ago. The interest rate charged on the loan was 4.5% compounded monthly.

a. What was the original principal of the loan?

$_______

Round to the nearest cent

b. What was the amount of interest charged on the loan?

$______

Round to the nearest cent

5.The maturity value of a savings account that belonged to Peach Company was $38,453.50. The interest charged for the first 3 years was 5% compounded semi-annually, and 5% compounded quarterly for the next 5 years.

a. Calculate the amount that was deposited in the savings account at the beginning of the period.

$_____

Round to the nearest cent

b. Calculate the total amount of interest earned from this investment.

$______

Round to the nearest cent

6.If you want to have $9,750.00 in 3 years and 9 months, how much should you deposit today in an investment fund that is earning interest at a rate of 4.40% compounded quarterly?

$_____

Round to the nearest cent

7.Kyle received a loan of $35,250, 6 years ago. The interest rate charged on the loan was 4.83% compounded quarterly for the first 9 months, 5.07% compounded semi-annually for the next 3 years, and 5.76% compounded monthly thereafter.

a. Calculate the accumulated value of the loan at the end of the first 9 months.

$_____

Round to the nearest cent

b. Calculate the accumulated value of the loan at the end of the next 3 year period.

$_____

Round to the nearest cent

c. Calculate the accumulated value of the loan today.

$_____

Round to the nearest cent

d. Calculate the amount of interest charged on this loan over the past 6 years.

$_______

Round to the nearest cent