please show work for question 2!\

where I = amount of interest (s) P- amount invested (S) To calculate the simple interest I =Prt anual simple interest rate (as a decimal) ttime in ears To calculate the amount of money in an account: A Pl +rt) where A-amount in the account (also called future value) ovo decimalplaces when wrinen asa Unless otkerwise noted, round monetary anneers to tke eares dollar, Pecen percentage, and ime to the nearestnth of ayear I. If Ms. Gonzalez borrows $500 for 2 years from a bank that charges 3% annual simple interest, how much interest will she owe at the end of the two years? How much (in total interest+principal) will she pay to the bank at the end of the 2 years? 2. Joe is borrowing $300 from his parents in order to finish paying his tuition bill. His parents agree to the loan if Joe will repay the money at the end of nine months. His parents will charge him 5% annual simple interest. How much interest will Joe owe his parents? How much will Joe have to pay his parents at the end of the nine months? 3, what amount needs to be invested today at 3.5% simple interest in order to have $500 in 6 months? 4. Mr. Wong's daughter needs to bw $700 from him to her textbooks. He agrees to the loan and tells her that she must pay $750 back in 6 months. What simple interest rate is Mr. Wong charging his daughter? 5. A man used his motorcycle as collateral on a S325 loan from a pawn shop for 3 months. The pawnshop charge was $33. What annual simple interest rate does the pawnshop charge